🚨5·19 "Bloodbath Day" Shadows Reappear? Will History Repeat Itself?
The brutal market conditions on May 19, 2021, still haunt many investors. On that day, the market plummeted, over 580,000 people faced liquidation, and $6.6 billion vanished in an instant, with countless individuals perishing in this storm. Even the well-known investment "strategists" at that time suffered heavy losses and subsequently shifted to a conservative investment strategy.
Now, as we approach this sensitive date of May 19 again, will history repeat itself? According to strategists' analysis, the likelihood of a replay of such a collapse is low. We are currently in a bull market cycle led by institutions, and as regulatory compliance advances, market operations are becoming more rational, making a 50% cliff-like collapse unlikely to occur again.
However, risks should not be underestimated. The current market has shown signs of fatigue, with increased volatility in a wide range, clear top signals, and bullish funds facing liquidation. From a technical perspective, the K-line has broken through the ascending channel, indicating that it will soon enter a downward adjustment phase, with the $90,000-93,000 range possibly becoming a key support level. Investors must remain vigilant and manage their positions carefully.
