The plunge in the crypto market was triggered by external negative factors. The 94, 519, and 312 events in history were all regarded as major washouts in the crypto market, and this callback will also go down in history.

In half a month, there will be a 4-month adjustment period. The worst adjustment time in the bull market is generally 3 months, and now it has exceeded the adjustment time of 519. If you still believe that we are still in a bull market, then the bottom is around 48888.

Even if it is not a bull market, it has now entered a bear market, and the bear market crash generally bottoms out in about half a year. According to the bear market thinking, it will fall to October or November at most, and then the market will start a new market. Let's hold on first, there is still hope in the future.

I said yesterday that the crazy bull market needs the baptism of black swans before it starts, which is normal. Players who have experienced the previous rounds of bull markets know that whenever the Federal Reserve approaches a rate cut cycle, financial markets including the crypto market will be affected. The closer to the rate cut, the greater and more violent the market reaction, which is actually a good signal, indicating that the big bull market is getting closer and closer to us. I firmly believe that the bull market is still here. Although this period is difficult, since I have chosen cryptocurrency, I must stick to it. Let's meet at the top together. Don't give up halfway. $BTC $ETH #美联储何时降息？ #BTC走势分析 #美国大选如何影响加密产业？ #BTC☀ #黑天鹅