This is the first time for everyone to experience such a market!
From the 9 market adjustments I mentioned earlier, May 19, 21 is the closest in terms of date.
In terms of time, the big wash in 21 started in mid-April and ended on July 20, lasting more than three months. This wave also started in mid-April, and it has been less than three months so far.
The same lies in the wash time and the increase in Bitcoin.
The difference lies in the performance of altcoins: before May 19, 21, altcoins generally rose more, and this wash was as disgusting as May 19.
This is the first time for everyone to experience such altcoins, whether it is ETFs or interest rate cuts, etc., can only be analyzed afterwards.
Since the market has developed to this point, we can't do anything. As far as Bitcoin is concerned, the current position of 58,000 is already a super cost-effective price, and the same is true for Ethereum (ETH).
Recently, big whales have begun to hoard a large number of coins at this position, which is similar to the situation when Bitcoin was around 20,000 in 2020, and then ushered in the main bull market stage.
The second half of the bull market is very important. It is expected that ETH's ETF will be launched, funds will pour in, and the performance will far exceed the first half. I still believe that the bloodier the market is now, the greater the future returns will be.
Specific opportunities, specific decisions, check the introduction, you can get the position allocation strategy, teach you how to make money in the bull market, and earn coins in the bear market
