This year's cryptocurrency market has changed suddenly. Those who hold on to their coins end up in a miserable state. Only Sol is the leader? BTC continues to fluctuate, while altcoins continue to fall. What happened to the cryptocurrency market this year?
From March to August, the altcoin market seemed to have entered an endless abyss, with continuous declines and new lows. ETH, retail investors, whales, and market makers all sold off, and market confidence fell to the freezing point.
New currencies have sprung up like mushrooms after rain, and exchanges have been competing to go online, but they have become the culprits for the withdrawal of liquidity from other currencies. The ideals of the blockchain revolution have been overshadowed by the clamor of cryptocurrency speculation, and many long-term investors have become discouraged and left the market at a loss.
Looking back on the past, if we had known today's predicament, how many dreamers would have stopped at the door of the cryptocurrency circle. This year, the mental journey of coin holders has been full of hardships and challenges.
I hope October can be a turning point and bring a ray of hope to the cryptocurrency circle. No matter what the road ahead is, coin holders, let us walk hand in hand and wait for the flowers to bloom.