Market Turbulence: A Look at Past and Present

For many, this is the first experience of such a rough market. In 2021, the downturn began in mid-April and lasted until July 20, over three months of volatility. Similarly, the current market started in mid-April and has continued until now, just under three months.

We are all witnessing an intense market period. The 2021 correction began mid-April and calmed down by July 20. Now, we see a similar pattern with this cycle starting in mid-April and continuing to this day, already proving to be intense.

While Bitcoin's rise and fall are similar in both cycles, the altcoin market is different this time. Before "519" in 2021, altcoins saw significant gains. This time, the downturn is severe and comparable to "519".

This severe turmoil in the altcoin market is a new experience for everyone. The impacts of ETFs or interest rate cuts are factors to consider later, making it hard to give clear guidance now. The current market demands a careful and strategic approach.

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