$BTC $ETH $BNB
The bull market has ended! The bear market is coming!
Has this round of bull market in the cryptocurrency circle ended? Has it completely entered the bear market?
Since the black swan event on 10.11, the recent market has truly reached a moment of extreme panic 😂. A slight rebound quickly followed by a big bearish candle going down again. Sometimes before going to bed at night, everything looks green and my mood is great, but the next morning I wake up to a river of blood 😂! This feeling 😁 is simply overwhelming!
This kind of market is indeed the most torturous. Too many people can no longer bear such torment and have started to become afraid, fearful of a continuous decline to the point of the 10.11 spike, or even breaking new lows until it reaches zero!
This is exactly what the main force wants and is also what it is best at.
So let's take a look from both a technical perspective and a philosophical perspective, has the market really turned bearish?
BTC has been above the long-term uptrend line and has not broken below it, nor has there been any signs of a top.
It belongs to the bullish attacking phase! Market fluctuations are the most common and longest-lasting, and most of the time the market is fluctuating! Both rises and falls are very quick and short-lived!
From the philosophical perspective, the entire bull market is still ongoing and has not ended. The conditions and timing for an end are still far from sufficient!
What is philosophy? It is the law, it is the essence!
In the cryptocurrency circle of this global financial market, there must be bulls and bears, and there are laws! There are main forces and retail investors in the market. So what are the main forces doing in this market? They are certainly here to make money! Therefore, there will definitely be a phase of accumulation at the bottom and a phase of selling at the top. So let's see, have many valuable cryptocurrencies reached the top stage now? They are still far from reaching the top!
This is also known as the law of cause and effect: "Where there is accumulation at the bottom, there will be selling at the top."
So there is no need to worry about the market; this round of the great bull market is still ongoing and has not ended. What we need now is more patience and stronger willpower to persist and hold on.
Finally, I would like to share a saying with everyone for mutual encouragement: "Where there is philosophy without technique, technique can still be sought; where there is technique without philosophy, it stops at technique;"
