Now there is a phenomenon where everything seems very cheap
Even with USDT, there is no courage, completely afraid to invest in altcoins
The coins listed by the three major exchanges in October have dropped between 25% and 80%, and there is no sign of wealth effect in the secondary market. No matter where you sell from, you will be cut by the market
This phenomenon has reached its peak. Either the low-quality coins will continue the wealth effect, overtaking the market in a bend (many low-quality coins' backers may not be low-quality, there are many hidden large capitals, just not disclosed)
Or the exchanges will unite with VCs to explode the secondary market, making those who hold on tear up with emotion, attracting funds to flow back in and set sail
We have been calling for a bull market for a year, but looking closely, there is not even a hint of a bull market; at best, it can be called a fluctuating initial bull
A real bull market, one can only know after experiencing it. To flatten the current K-line, all that can be seen ahead is a wavy line