Keep these points about bull and bear markets in mind:
1) Macro liquidity, interest rate changes, regulatory policies, and major industry events all affect the phase the crypto market is in.
2) During upswings, small-cap tokens tend to rise and fall more sharply than Bitcoin; during downturns, small-cap tokens also usually experience deeper pullbacks.
3) When you see predictions about “how high this cycle will go,” ask what they’re based on. Don’t treat someone else’s prediction as a conclusion.
Many people use the price trend of $BTC to describe the phase the entire crypto market is in. Currently: 83011.72.
#BTC
1) Macro liquidity, interest rate changes, regulatory policies, and major industry events all affect the phase the crypto market is in.
2) During upswings, small-cap tokens tend to rise and fall more sharply than Bitcoin; during downturns, small-cap tokens also usually experience deeper pullbacks.
3) When you see predictions about “how high this cycle will go,” ask what they’re based on. Don’t treat someone else’s prediction as a conclusion.
Many people use the price trend of $BTC to describe the phase the entire crypto market is in. Currently: 83011.72.
#BTC