In the morning, many people were asking whether the bull market has ended. The bull is still here; personally, I believe we are currently only in the early stages of the mid-bull market. Looking at Bitcoin's current price, even a pullback of 10,000 points isn't really that much. From the peak, it's actually only a 10% drop, and in a major bull market, a 10% drop is quite normal. The biggest characteristic of a bull market is the frequent spikes and drops, but these will only drive Bitcoin's price higher. The deeper the drop, the higher the bounce will be.

The drop yesterday was merely an excuse for the decline, but many people think it might be a bear market; actually, it's not.