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Look at the wailing in the square, everyone is numb, and some people even reported the meters of each high-rise building😂

Let me take you back to the previous bull market, I hope it can help you. The last round of bull market in 20-21 had a big crash on March 12 before the halving and a big crash on May 19. The 519 round directly fell from 65,000 to 28,000. The leveraged bulls were all washed out.

There are no black swans in this round of market except for the USDC decoupling caused by the Silicon Valley Bank crash at the beginning of 23. Recently, it is considered a relatively decent black swan.

Bull markets often fall sharply, and the real time point of strength in history always starts more than half a year after the halving. The fall to 28,000 in 21 made everyone think that there was no bull market, but it rose all the way to a new high of 69,000 in the second half of the year.