The long darkness before dawn, we can't fall!
1. I think this should be the most tragic bull market experienced by retail investors. The altcoins are bleeding, and many have returned to the lowest point of the bear market, which has never happened in any previous bull market.
2. The figure below shows that according to the UTXO account model, during the local lows of Bitcoin during this period, the number of losing trading accounts has been soaring, reaching the extreme levels of the bottom of the bear market cycle, the black swan event, and the main bullish pivot point. Similar to September 2023, this is consistent with the black swan event of COVID in 2020. Look at the price trend after the green arrow, which belongs to the big market stage.
3. A few days ago, Wood Sister said that we are in the middle of the bull market, and we will enter the final stage next, which is the stage of rapid price explosion. It is consistent with Monkey Brother's previous view, so there is no other way but to wait.
4. We are holding altcoins, and now we are numb to any market news, whether it is a bull market or a bear market, it doesn't matter. This sentiment is exactly the same as the bottom area of the big bear market.
5. The trend of Bitcoin has been very good, rising from 52, and the bottom is gradually rising. The difficulty is the altcoin, which completely follows the trend of Bitcoin. However, since we have survived until now, it is not worthwhile to give up.
There is a high probability that there will be policy easing in September this year. Over the years, most of the market has started in October. It seems that we have reached this step again. There are still two months in October, and perhaps the market will react in advance in mid-September. According to today's picture content, dawn is finally coming.
Brothers, it's too hard to bear. I haven't had such a hard time in the bear market. The amplitude and time of the callback are one aspect, and what is more difficult is the process of re-understanding the crypto bull market, which is the same as everyone else.
It can be seen that every stage in the future is new and has never been seen before. In the future, we must be more cautious in playing the market and redefine the bull market and the bear market.