The bloodiness of this bull market is greater than in any other previous ones, so we cannot compare this bull market with the previous ones. The environment of the cryptocurrency circle is different, and the trends are also different.
The bloodier the wash-out, the more panicked the retail investors will be, and the more they will dare not enter the market. It is clearly a bull market, but the wash-out feels like a bear market. That is why many people think that this is the tail end of the bull market and the beginning of the bear market.
but
The Bitcoin ETF was just passed not long ago, and institutions are just beginning to enter the market.
It has only been more than two months since Bitcoin’s halving, and the current price has not yet broken through its previous highs.
The interest rate cut has not yet started and funds have not yet poured into the market. Currently, only the existing funds plus ETF funds are providing support.
The altcoins haven’t exploded yet, but some people actually say that the bull market is over.
If it really ends, then this is not a bull market at all, but just a small wave in the bull market.
In this situation, you have to hold on. Don't be afraid of FUD, don't think too much, and keep a calm mind. People who bought Bitcoin can play every day for half a year, whether playing games or going out for travel. Anyway, don't check the market too often and don't communicate too much with people in the cryptocurrency circle. This method is only limited to those who can't hold on, and this is the best strategy for them