If we look at the past 94, 5.19, 3.12, and now the 8.05 crash, we will find that every bull market is about to come after a sharp decline. Perhaps this crash will become a marker in crypto history, along with a bull market to come. The crypto market went through a deep washout before the bull run. Some people attribute this crash-like correction to the failure of continuous storage regulation, thinking that this is the biggest negative. However, the market is always concerned about interest rate cuts and interest rate increases. The interest rate cut was considered a good thing, but now that it has been decided, some people say that the interest rate cut is too little and is a bad thing. And if the rate of interest rate cuts increases in the future, it is considered to be a need for funds, which is also negative. In addition, some events such as tensions in the Middle East, Bitcoin compensation, Trump's situation, etc. are regarded as negative factors for the market. In fact, past history also tells us that every bull market is caused by a crash.
Finally, I recommend #PHRYGES . This is a coin that I am optimistic about recently. It has strong community consensus and a good atmosphere. The narrative is the freedom hat that symbolizes freedom. It is quite good and can ambush.$BTC
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