It is typical to drive away retail investors. It is a typical short structure, but it does not plummet, nor does it strengthen. It will last at least for more than one month. In this round of market, many new normals have emerged. The emergence of ETFs has reduced the volatility of the entire currency circle. If the same indicators appear in the altcoins in 2021, they should have been cut in half three times, and Bitcoin should have reached 50,000. But now the altcoins have only been cut in half once, and Bitcoin has maintained 60,000.
Last week, I cleared all the altcoins just around the highest point of the rebound. Those who ran with me are laughing now. Those who chased high and got trapped will feel uncomfortable now. Let me tell you, the decline has just begun and it is not so fast to get out of the trap.
Last week, I was willing to do the band because the market was still in the middle and late stages of the bull market. If there is a decline in the next wave of the market, I can't be timid. I will recharge your faith and hold on to it, and eat the fattest meat in the late stage of the bull market.
