Why do I believe that the bull market is still expected the more it falls?

#美联储何时降息？

The market is full of various voices. Many people are eager to liquidate their positions when they see Bitcoin fall below the 120-day line, thinking that the bull market is over. However, I have a different view.

First of all, the passage of Bitcoin ETF means that institutional investors have just begun to get involved in this field, and the funds in their hands have not yet poured into the market on a large scale.

Bitcoin's halving event has only been two months, and the current price has not yet reached the previous high. These factors all suggest that we may not have seen the real climax of the bull market.

Furthermore, the interest rate cut policy has not yet arrived, and the capital flow in the market is still dominated by stock funds and ETF funds. This means that once the interest rate cut policy is launched, more funds will flow into the market, driving up the price of the currency.

In addition, we also need to note that many altcoins have not yet exploded. In a bull market, altcoins tend to perform well, and their gains are often far greater than Bitcoin. Therefore, we cannot say that the bull market is over, but only that this is just a small wave on the road to the bull market.

For those who are clearing or selling Bitcoin now, I can only say that they may have missed a bigger opportunity. Their lives may be filled with regrets because of constant misses. They may not cherish any good project in front of them.

For the current market situation, I suggest that everyone stay calm and hold on firmly. If you are a person who is easily affected by market fluctuations, then I suggest that you stay away from the market for the time being, do not check the market frequently, and do not communicate too much with people in the currency circle.

You can choose to do something you like, such as playing games or going out for travel, to distract your attention.

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