Are you sick, are you saying that the bull market is over after only two days of decline?
Do you understand or not? Don't talk nonsense here.
In recent days, mainstream currencies have collectively plunged. The pressure level is very obvious and cannot be broken through; while the resistance level has continued to fall below, creating new lows.
This makes many people who have "taken over at a high position" not long ago very panic and want to cut off the market and buy the bottom.
Just when they were entangled, a harsh voice came out, the bull market was over, and everyone was fine.
First of all, I can responsibly tell you that the bull market has not yet passed. It can even be said that it has just begun. This time is just the most normal callback. Don't get off the bus in a hurry.
There are three reasons:
First, the bull market that occurs every four years has become an indisputable fact in the digital currency industry for many years, and each bull market occurs after the Bitcoin mining output is halved. Mining costs increase and Bitcoin production decreases. But this time, Bitcoin hasn’t halved yet. So the bull market has not yet arrived.
Second, before and after every bull market, black swan events were inevitable, some due to political reasons, and some due to information effects. Therefore, it is normal to have several corrections and declines.
Third, if you observe carefully this time, although the mainstream currencies have fallen, the altcoins with low attention have risen a lot. Among the increase list, the increase ratio is still very large. The so-called plate rotation and blood-sucking surges cannot be ruled out.
Therefore, fellow leeks, we must maintain enthusiasm and confidence, maintain a learning mentality and upward motivation.
You can lose money, you can lose, but you must spend money to buy lessons and experience. #内容挖矿 $BNB $APT