According to Odaily, renowned crypto trader GCR has expressed his belief that we are still in a bull market. In a response to other users on platform X, GCR drew parallels between the current market structure and the aftermath of the DeFi crash in the summer of 2020, even suggesting similarities with the summer of 2021.
However, he cautioned against becoming too fixated on historical trends, emphasizing that each cycle will yield different outcomes. GCR's comments come amid a time of significant volatility in the crypto market, with many investors and traders seeking insights into potential future trends. His perspective offers a more optimistic outlook, suggesting that despite recent fluctuations, the bull market continues.