Is the spot market dead? Altcoins have dropped by 99%, and the bull market reversal has become an illusion!

It's really difficult to play with altcoins now; the prices keep falling, feeling lower each time.

Watching my principal shrink from tens of thousands to just a few thousand, if it drops further, there will be hardly anything left. Even if we really wait for a bull market and it rises several times, there’s still a long way to go to break even; just thinking about it feels hopeless. By now, I've come to understand that whether it goes up or down, or if there's a bull market, it doesn't matter much to me anymore.

In fact, I noticed long ago that the market is increasingly leaning towards contract trading, leaving little opportunity for spot trading. If I want to continue here, I’m afraid I can only follow along with contracts and take on greater risks; otherwise, the chance of recovery is very slim. The market was never a stable place to make money; in the end, it’s all about my own choices. So whether one is bearish or insists on being bullish, we all have to face this reality now.

#美国非农数据超预期 #BinanceABCs

A big one is coming! A divine order is about to be announced! The car is too heavy to pull! After careful consideration, I still choose to share in the chat room! If you want to go on the highway, you can call me!