💥💥Unique bull market wash🤙🤙
The wash of this bull market is extremely cruel and unprecedentedly bloody, so it cannot be simply compared with the past bull market. The environment of the currency circle is changing, and the market trend is also changing accordingly. The severity of the wash has caused retail investors to panic and even began to wonder whether this is the end of the bull market or the beginning of the bear market.
However, let us analyze calmly. The approval of the Bitcoin ETF means that institutional investors have begun to pour into the market. It has only been two months since the Bitcoin halving, and the price has not yet reached the previous high. The interest rate cut policy has not yet been implemented, and funds in the market have not yet flowed in. At present, only the stock funds and ETF funds are supporting the market. The outbreak of altcoins has not yet arrived, and some people have asserted that the bull market has ended. If this is really the end of the bull market, it can only be regarded as a small setback in the bull market.
Now, all we have to do is to persist, not be overly anxious, hold Bitcoin firmly, and maintain a calm mind. For those who are easily shaken, I suggest that you enjoy life after buying Bitcoin, do not check the market too often, and do not communicate too much with people in the cryptocurrency circle. $BTC
