Chinese aunties are no longer "crazy" about buying coins, where will the bull market in the cryptocurrency circle go?
Have you noticed? Why do the Chinese, the largest group of "leeks" in our cryptocurrency circle, have no money in their hands? So can this bull market still be hot?
In the past, we Chinese were the "golden leeks" in the cryptocurrency circle, but now the situation has changed.
As economic pressure increases, everyone's financial management concepts have also changed. Chinese investors have begun to become cautious and no longer easily invest in the virtual currency market.
Now, saving money has become a new trend, and those aunties who used to spend money like water are no longer the "stabilizer" of the market.
This change has a significant impact on the expectations of the bull market, and everyone has to lower their previous optimistic forecasts.
But then again, this does not mean that the virtual currency market is doomed, but our investors have to look at the market more cautiously and rationally.
