Is the bull market still there? Is it a big wash or a bear market?
All the crypto market crashes caused by external negative factors are actually opportunities. The past 94, 519, 312, this callback has been recorded in the history of crypto.
In half a month, it will be a 4-month adjustment period. The worst adjustment time in the bull market is generally 3 months, and now it has exceeded the adjustment time of 519. If you still believe in the bull market, then this is the bottom area.
Even if it is not a bull market, it is now a new round of big bear market. The bear market crash is generally 7 months to the bottom. According to the bear market thinking, it will fall to October or November at most, and then the market will start a new market. Let's hold on first, there is still hope in the future.
Every time a bull market starts, there is a big wash. I think this is a normal phenomenon. Players who have experienced the previous rounds of bull markets know that whenever the Federal Reserve approaches a rate cut cycle, the financial market, including the crypto market, will be affected. The closer to the rate cut, the greater and more violent the market reaction, which is actually a good signal, indicating that the big bull market is getting closer and closer to us. I firmly believe that the bull market is still here. Although this period is difficult, since you have chosen cryptocurrency, you must stick to it. Let's meet at the top together, don't give up halfway!