According to TechFlow, on June 19, well-known trader GCR replied to X's tweet "The worst scammers are busy on the timeline, and gcr is betting with them, it's 2022 again", saying that the bets for 2022 are in the middle of a bear market. He further pointed out that the current market structure is more like the situation after the DeFi Summer crash in late summer 2020, and even like a shadow of the summer of 2021, but we should not rely too much on graphic repetitions, and each cycle will show different trends. Despite this, he still firmly believes that we are still in a bull market.
