From the end of May to the beginning of June, many altcoins have grown rapidly. Now, at the beginning of July, all altcoins have almost been cut in half, with many falling below 60%, and even 80%.
It is a bull market, so it cannot keep falling like this. The price of Bitcoin has only reached 55,000, and other altcoins have almost been wiped out. Since it is a bull market, this drop is a bit scary.
On the contrary, if we look at the US stock market, it is simply a world of difference. If the US stock market is a bull market, then our digital currency may not be a bear market. If it continues to fall like this, and you look at the contract, it will reach 55,000 in one go, and countless people will be liquidated. Even in two days, hundreds of billions of dollars will be basically wiped out.
Looking back at history, even 312 was not so cruel.
$BTC suggest to look at 53000
$ETH suggest to look at 2800 first