The current market faces huge potential negative pressure from economic recession, so funds are not in a hurry to buy the bottom after the market plummeted, but choose to wait and see.
Although the market is worried about the economic recession, it has not actually entered the recession stage, so the sharp decline in the market is more of an emotional catharsis, and whether it will form a sustained downward trend remains to be seen.
However, it is certain that before the Fed releases money again, the possibility of a big bull market has been greatly reduced.
At present, the market is full of altcoins with high market value, and these currencies are still facing a differentiated situation before the bubble squeeze is completed. Bitcoin's decline is relatively small, while the adjustment of altcoins may take longer.
From a time perspective, the market may lack obvious trend opportunities in the next year or so, but this also provides investors with ample time to make fixed investments and find high-quality projects.
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