August has passed, September has begun.

Let's take a look at the monthly trend of Bitcoin:

Bitcoin has been in a correction since it broke through its all-time high in March.

The decline is about 20%, and it has been about half a year.

From the market point of view, this decline is not very large, so why do many people in the market think that the bull market has ended?

That's because although Bitcoin has broken its all-time high, it is only a bull market for Bitcoin.

From March to the current correction, except for Bitcoin and some hot currencies, the decline of cottage currencies has been halved, and even dropped two or three times.

Ethereum was not immune, and the decline was close to halving, about 40%.

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