Is the bull market still on? How will the market move?
First, let's say the conclusion: the bull is still there, it needs to consolidate for a while, then make another move.
Do you remember the chart I posted before? Keeping the previous viewpoint, the possibility of Bitcoin breaking the 100,000 mark and continuing to reach new highs is very low!
If it can't make new highs, there will be two possible scenarios:
One is oscillation between 90,000 and 100,000, and the other is a continuous decline back to major support levels.
Bitcoin is still Bitcoin, altcoins are still altcoins, and there are still two trading mindsets.
Altcoins are currently experiencing a MEME craze and a secondary hot coin craze.
I think taking a break is also acceptable, continuing to wait for the market to adjust and choose a direction.
As previously mentioned, my short to medium-term outlook on SOL remains unchanged.
#MagicEden(ME)上市币安 #加密市场回调