Good morning, brothers, let's take a look at the current market:

The recent consecutive two-day decline has brought the prices of altcoins almost back to the starting point, creating an atmosphere reminiscent of the black swan event on May 19, 2019. However, unlike the quick rebound back then, this decline seems to have entered a prolonged downward trend with the market sluggish and lacking signs of a rebound.

Comparison with 2019:

Although the current drop and market retracement are even more severe than in 2019, the characteristics of the market cycle may indicate a temporary adjustment. During the bull market in 2021, Bitcoin experienced a significant surge, while Ethereum only began to break through its previous high in January, followed by a sudden 20% drop on January 21, triggering contract liquidations.

Just a week later, the market rebounded actively, and altcoins began to rise sharply, entering a three-month upward cycle.

Future outlook:

Although the current market sentiment is relatively low, history has proven that the market has its rhythm. Every year, market makers distribute 'red envelopes' to retail investors, which means that over time, new opportunities for an upward trend may arise. We need to remain patient and wait for the market reversal and opportunities.