Will the market be good in September?
The market in the cryptocurrency circle has been very sluggish recently. The price rebound cannot be stabilized for a long time. According to OKX data, Bitcoin has fallen to 57,000 in the past two days and has now rebounded to above 58,000.
Since BTC broke through the historical high in March, it has been fluctuating for half a year in September.
The market of the entire market has been ups and downs. In fact, Bitcoin is not bad. Even if the decline is only 20%, after all, most people did not buy it at 70,000, so everyone can accept the decline of BTC.
But the altcoins are different. Most of the altcoins have fallen by 70% or even higher from the high point to now. So although I think it is still in a bull market, more people are pursuing return on investment rather than how much they want to earn.
Due to personal reasons and the influence of the market, I have rarely operated recently. I have repeatedly emphasized that less action and more observation. After all, in this market environment, frequent operations are not a good thing. It is more likely to succeed if you do things in line with the cycle, but it is more likely to fail if you go against the cycle.