The Bitcoin halving event, which takes place every four years, has been highly anticipated, but the result has not met everyone's expectations.

Before the halving, the sharp drop in Bitcoin prices caused the investment value of many retail investors to be "halved" in advance.

This market trend of a sharp drop in the early morning hours and then a rapid rebound is undoubtedly a severe test for most retail investors.

Some fans asked whether the market will continue to fall? Is the bull market over? Is it still possible to enter the market now? I personally think that the bull market is not over. Because the total market value of altcoins has not yet reached the peak of the previous bull market. Although there are more investment targets now, it is only a stage in the middle of the bull market at most. I expect that altcoins will have another outbreak period.

In addition, the Bitcoin ETF has also been approved, and the significance of this event is far greater than the impact of Hong Kong WEB3 last week. This proves that the value of Bitcoin has been widely recognized. Although the dealer may be washing the market and cleaning out the undetermined retail investors at present, this is also for the subsequent light-weight battle.