The market may indeed experience a big shock to remove unstable factors. At present, although the price of Bitcoin fluctuates slightly, it is relatively stable, while other altcoins have suffered heavy losses and have fallen sharply. There are usually two explanations for this situation:
1. The bull market may have just started, and the amount of funds is limited. Investors are more inclined to invest in Bitcoin, resulting in the neglect of small currencies.
2. It may be that the market is about to undergo some changes, and smart funds are seeking to avoid risks, withdrawing funds from small currencies and turning to Bitcoin to preserve value.
The second possibility seems to be greater. If this is true, then a big market shock may be just around the corner.
In terms of the external environment, the Fed's attitude towards interest rate cuts has become ambiguous, and the situation in the Middle East, the Korean Peninsula, and Russia and Ukraine is also unstable. Coupled with the US stock market, Japanese stock market, European economy, and China's real estate market, these factors are superimposed together, like a powder keg that may explode at any time.
Although it may not cause a huge market panic like in 2020, if a shock does occur, the market will be hit. Regardless of the future bull market, investors now need to be cautious and avoid excessive borrowing to participate in the market. Withdraw funds at the right time, make reasonable profits, and don't be too greedy. No one can accurately predict whether the future market will be good or bad, but we need to be prepared to avoid being affected by small fluctuations.