Key Night in the Cryptocurrency Market: The Battle Between Bulls and Bears Begins

Coinciding with Friday, the last trading day of the week, the showdown between bulls and bears will grandly unfold tonight.

In the early hours of the 18th, Federal Reserve Chairman Powell's remarks were highly impactful, leading to over 200,000 people suffering significant losses, with more than 4.4 billion in contract liquidations, which undoubtedly re-locked in bottom-fishing funds.

Given the current situation, if the market hopes to regain strength in the short term, it will inevitably require strong support from new policies, and investors with similar experiences must feel deeply about this.

Therefore, it is highly likely that the market will utilize Powell's remarks to carry out a strong cleansing of altcoins before a bull market.

If you still hold funds at this moment, it may be an excellent opportunity to enter the market. It is important to understand that the bull market still persists, and all investors must grasp this accurately.

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