With the current sharp drop in the currency circle, is the bull market over? ?
Today, with the callback of the big cake, the altcoin market has generally plummeted. Is there still a chance for the current bull market? In fact, there are still opportunities in the future, but they will not be everywhere. We need to make certain screening and choices. This sharp decline fully shows that the liquidity of the market is still poor. It is expected that only when the United States really starts to release water on a large scale, the big market will come, especially when the altcoin usher in a crazy bull market!
Before that, there will be some small market conditions, such as the Ethereum ETF that will be launched soon, which will definitely be hyped, and now is the perfect time to buy! After all, it has fallen almost enough, and the Ethereum series has basically returned to the starting point of the rise when the Ethereum ETF news was announced. If you don’t enter the market now, when will you? This bull market ETH will target $10,000 in the picture!
When it is hyped again, it will at least double like the big cake! Remember the iron rule of "buy when it falls and sell when it rises", so that you can cope with it easily! The Fed’s monetary policy is not helpful in reducing inflation.
In fact, it is pushing up the costs of housing and auto insurance, two major drivers of inflation, posing a threat to the health of the economy and threatening to trigger a recession that would put tens of thousands of American workers out of work. Powell has spoken: It's time to cut rates.