Many people are shouting today, "The bull market is back soon."
Of course, such a title is really eye-catching, and many investors are rushing back to the cryptocurrency circle just for this title.
However, Thirteen still wants to remind everyone of the risks.
From the market point of view, the rising volume is in a shrinking state. If there is no huge positive news, it is difficult to break through the 72,000 position.
When the entire market expects the bull market to return, investors will get on board frantically, and the possibility of a correction will increase greatly.
Now countless retail investors are getting on board frantically, thinking that the bull market is coming and it will be too late if they don't get on board.
This is exactly the time when the risk is the highest.
We must be vigilant, and the possibility of this wave of market temptation is extremely high.
When the entire market is crazy, we must be calm and have enough cash in our hands to make ourselves feel at ease.
Once the correction occurs, the mentality of many investors will explode instantly, thinking that the market is against them.
Thirteen believes that there is a high possibility that the market will pull back to around 68,000 in the short term. Of course, Thirteen still sees the bull market in the long term.
It’s just that before the Ethereum spot ETF is approved, the possibility of maintaining volatility is relatively high.
