New investors feel desperate about the bull market in this wave of copycats being cut in half.
Don’t worry if investors don’t enter the market in large numbers. When the price of Ethereum is 5%, the copycats will double their investment in a few days with a price of 20% or 30%.
Besides, how far has the big cycle gone? One-third. In the past, China has cracked down on it in every round: five ministries and commissions cracked down in 2013, seven ministries and commissions cracked down in 2017, and Chinese customers of exchanges were cleared in 2021. They were all heavy negative news, but they still set new highs in the next two months.
The negative news during the bull market cannot change the operation of the big cycle, so wait and see.
I dare not say that it is 100% correct, but there is a 99% probability that it is correct, and I have confidence.
What are the negative news now? Small negative news: local wars, small negative news: the United States may raise interest rates and US stocks will fall.