At present, it is too early to say whether this bull market has ended.
Indeed, this market can be regarded as a big bull market. Bitcoin has risen from 15,000 to 74,000, and some altcoins such as ordi have risen nearly 30 times, and ar sol has risen 10 times. These signs do show the prosperity of the bull market.
However, the subsequent decline is also normal. The market often rises and falls. In the face of market fluctuations, it is crucial to protect your principal, especially when Bitcoin looks at 50,000 or 40,000.
Despite this, we can still maintain a certain optimism about the future outlook, especially when the Federal Reserve may cut interest rates and release water in the second half of the year.
In the market, don't be swayed by the various analyses of some square teachers. It is wise to respect the market, respect the market, and treat market fluctuations rationally. The reason for the sharp drop in altcoins may be that the dealers understand the market trends better and take timely actions to protect their own interests.
Therefore, retail investors should remain vigilant, avoid being swayed by emotions, and adopt a more rational investment strategy.
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