It's another big drop without any negative news.
The only explanation is the launch of $ZK
3.6 billion coins in initial circulation, price of $0.25, less than one billion US dollars
It seems to have drained the liquidity of the market.
Look at the recent $BTC $ETH trading volume
Take a look at the implied volatility of various options on debrit
Check out the gas fee on eth
Look at the sighs in the various groups.
We thought we were entering another bull market.
But the price of the currency and various indicators related to market activity are telling the opposite story.
This is not a bull market at all, it is more like another round of deep bear market
So, when ZK goes online, is it draining the blood of the market?
No, it's a slap in the face to all those who fantasize about the bull market.
If I use one word to describe
Disaster
Describe in one sentence
It's too difficult.
Why!
