ETH flashed down at 4am, is the bull market still there?
Wake up to a waterfall and wash your face!
The dog dealers are getting more and more insidious. Instead of killing the market on the weekend, they started at 4am on Monday, and ETH fell below 3,400 points.
The market is getting weaker and weaker. $BTC has been falling for 3 consecutive months, and the rebound highs are lower each time. At the weekly level, it looks very similar to the M top.
The only positive thing about Ethereum is that the ETF is expected to pass in early July, so the recent trend is slightly stronger than that of Bitcoin, but it has not deviated from the downward trend.
So, is the bull market still there?
No one can predict it. If you look for a sword on a boat, everyone's "boat" is different, and the conclusions are different. However, many past experiences have failed in this bull market. For example, Ethereum did not reach a new high at the same time as Bitcoin. Bitcoin's new high did not usher in a copycat season, but a copycat festival. So we can only take one step at a time.
