There have been large fluctuations recently, but investors should remember not to sell blindly. Although the small bull market may have come to an end for the time being, the dawn of the big bull market seems to be not far away.
Have you noticed an interesting phenomenon? Although the big cake has fallen by nearly 7 points, many altcoins are relatively stable, and even Op, Jto, etc. are still rising against the trend.
Usually, once Bitcoin plummets, altcoins tend to follow the decline, but this time they seem to be "unable to fall". Many retail investors have also chosen to "lie flat", and unless they encounter malicious institutional market crashes, they will remain on the sidelines.
To judge the market trend, the amount of funds is a key indicator. At present, funds have not flowed out of the currency circle in large quantities, but there are signs of continued inflow. Although the market is still falling, this divergence phenomenon is worth our deep consideration.
From a macro-cycle perspective, the current time may be a good time to enter the market. Many friends are worried about the coming of a bear market, but from the perspective of capital flow, this worry seems a bit excessive. Maybe we are already standing on the edge of the so-called "gold pit".