The market is now extremely greedy, but it has not yet peaked, because many people are still in a state of loss. Many people shout 'bull market' just to recover their losses.
There are still many people trapped at high points. Apart from the rise of the meme sector, everything else is just garbage.
This round of market is very similar to the NFT market in the second half of 2021. However, overall, the market is much worse compared to then, except for MEME which is as hot as NFT was back then, but only for the MEME sector. The primary market has started to become active, and various players have already entered the market. Random coins are taking off, very similar to how in November people were shouting not to get into NFTs, but everyone was still caught up in the hype. That time was truly crazy, compared to now it’s not even on the same scale. I can only say that it is very similar now, but it does not reach that level. However, the final result is still a crash, leading many people to go to zero and then back to zero again. So I just want to say one thing, everyone should pay attention to controlling their risks and not get carried away.
If you are currently trading spot without a goal, or often losing direction in contracts, then it might be a good idea to follow me, comment, and leave a message to help you get back on track.
