As of now, the market adjustment remains in a relatively healthy state. It is inevitable to have pullbacks during an upward trend; this round of rebound has lasted for more than two months without even a decent pullback, so it is normal for some funds to take profits. Looking back at previous market downtrends, the adjustments in the first wave of upward movements were relatively normal compared to the current adjustment of the index.

The reason for the adjustment is also well explained. The external favorable conditions are already set, but the large amount of bullish funds shown in the technical aspects have become targets for market hunting. Last week, I had already judged that the 10% adjustment of BTC indicated that the adjustment in the altcoin market had just begun, and it is far from the time to bottom out. Many people still do not believe this. Yesterday, I warned everyone again that the altcoins still have adjustment space, and I hope everyone keeps this in mind. After all, there is no need to go against your own money, right!

It is important to remind everyone that this round of adjustment will certainly end with meme coins leading the way, becoming the start of the next round of increases!