In the last bear market, the obvious signal was the Fed's interest rate hike. If the Fed raises interest rates, sell them quickly, regardless of whether you make a loss or a profit. But when the interest rate is raised, the market has no big reaction, and occasionally rebounds. Many people scolded it as nonsense, and those who did not sell were hung on the top of the mountain. These leeks have been like this twice in a row, and they just don't learn their lesson. Is the current market bullish or bearish? Is it the bottom or the mountainside? Everyone wants to know.
I think the future of the currency circle is risky, with risks and benefits. It depends on how everyone balances it. I think it is a bull market, and the reasons have been mentioned before and will not be repeated. Is it the bottom? There is a signal, which is the Bitcoin computing power. Now the Bitcoin computing power has dropped to the lowest level since December 2022, the same as when FTX collapsed. The turning point of the bottom of the last bear market was the plunge when FTX collapsed. Now the computing power is equivalent, is it a bottoming signal? Figure it out yourself.
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