Welcome to the "bear market pit", this is no joke!
Oh, do you feel dizzy with the drop in your cryptocurrency investment? Don't be discouraged, this is just "common practice" after the halving event. Before the halving war, the market is always noisy and carnival, but the price will not soar into the sky like a rocket, but will "surprise" people with a sharp drop.
But don't worry, in the next six months, the supply reduction brought by the halving will quietly exert its strength, step by step leading you to the legendary bull market!
Starting in September, the market may have a shocking counterattack! This recovery period is not a joke, it may last for 3 to 6 months, and then... hehe, there may be another thrilling adjustment waiting for you. Although history may not repeat itself completely, there is no big change now to tell us what will be different this time. But don't forget, predicting the future is like guessing the lottery, no one dares to guarantee it!
We have given this weird situation a name - "Bear Market Pit" or "Liquidity Grab". Look, what are those market leaders doing? They deliberately create a market decline in order to squeeze more liquidity, so that everyone is scared to death and sells their beloved cryptocurrencies. This forced selling is simply a "feast" for large players, making them buy happily.
Don't forget that 98% of the price of cryptocurrencies is caused by emotions, and only the pitiful 2% is based on fundamentals. So don't expect the market to suddenly become rational. If you are not the kind of big boss who can be patient and prepare for long-term investment, or if you don't have enough capital in your hands to influence the market, then I advise you to think twice before you act!
In this battlefield of the financial market, you must always be vigilant and don't fall into these traps.