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The more bloody the market whipsaw, the more panic the retail investors will be, and the less they dare to enter the market. Clearly it is a bull market, but it has washed out the feeling of a bear market, so many people will think that it is the tail of a bull market and the beginning of a bear market.
BTC ETF has just been approved and institutional investors have just started entering the market. It has only been two months since the BTC halving, and interest rate cuts have not yet begun. The market is still supported by existing funds and the funds from the ETF. Altcoins have not had a major breakout yet, and some people are saying that the bull market is already over. If it is really over, then it is not a bull market at all, but just a small wave in the middle of a bull market.
The current situation requires perseverance. Don't overthink it, hold onto the spot, and keep a calm mindset. For those who have bought Bitcoin, they can play every day, play for half a year, go on a trip, just don't frequently check the market.
#币圈观察员 #WOZX #SOLS @SOLSspl20