I'm really numb from falling.
And it's totally unreasonable. I feel numb and hopeless.
The huge positive impact of the decline in core PCE last week drove up gold prices and set a new high for the Nasdaq, but it failed to boost the cryptocurrency market.
On the contrary, both $BTC and copycat ones are falling rapidly.
This kind of market situation that cannot be pulled back by any favorable factors is not only tormenting people, but also undermines the confidence of the entire market.
Is there really no bottom? Is this so-called bull market really over?
What went wrong?
Is the cryptocurrency world short of money? Lack of liquidity injection? This is indeed partly the reason, but the lack of liquidity injection does not necessarily mean outflow.
Now the whole market is frantically flowing out and dumping the market. What is the reason?
It seems that I haven’t seen any convincing explanation. The VC crash is part of the reason, but they have the goods in their hands and the stocks they invested in. Why are those non-VC coins also hitting new lows?
The German government crashed the market? Mentougou crashed the market? With such strong liquidity and depth of BTC, it is unlikely that the whole market would be shaken by their selling of coins.
What is the truth? Is it true that they have no confidence in the cryptocurrency world and are all running away?
I don’t understand!
