The truth is simple. Let's use a few simple logics to understand the current market:

1. From the monthly line of Bitcoin, the bull market is very obvious. At present, the monthly line has only crossed a few lines. It is normal to consolidate near the new high, wash out the profit-taking, and provide support for the next wave of rise. As mentioned before, the maximum correction to 6w is the limit, and it may not reach it.

This phenomenon has appeared in the 17-year bull market when Bitcoin was 6,000 US dollars and before the second wave of the main rise in 20 years. Bitcoin was around 1w. (Consolidation around 1w lasted for 6 months)

2. Shanzhai must learn to delay enjoyment: The siphon effect of the big cake is still there, and the hot spots of Shanzhai are still there, but they are delayed in time with the changes in the cycle, especially now that there are so many leeks and so many currencies, the main force is also waiting through the wash, taking advantage of the opportunity. (The indicators of the copycat Bitcoin are currently at the bottom, pointing to the eve of the outbreak)

3. Correct your mindset: Many people are now doubting that the bull market is about to end, because they are going crazy because of the torture of the market. The more pessimistic voices there are, the healthier the main force is washing here

4. With so many positive factors in the future, the second half of the bull market is bound to come! #美国6月CPI大幅降温 #美联储何时降息？ #币安7周年 #以太坊ETF批准预期 #美国大选如何影响加密产业？