Hey, fellow investors!
Do you still remember the Bitcoin halving that was hotly discussed last year? At that time, the market was full of expectations, "halving = bull market!" This is an "old legend" in the encryption circle. It seems that as long as Bitcoin is halved, the bull market will fall from the sky, and overnight, everyone's accounts will be filled with Bitcoin and wealth Freedom is not a dream!
But this time, ahem, Bitcoin seems to be a little... tired.
After the halving, the market did not soar like the previous times. Instead, it felt like an old bull who had just finished a marathon, panting but unable to get motivated. What's going on?
1. Halving = bull market? This time the story has changed
After the past few Bitcoin halvings, the market often entered a stage of rapid rise, as if the "start bull market" button was pressed.
But this time, Bitcoin is like a naughty student, not following the script in the textbook at all.
After the halving, the price did not rise significantly. Instead, it staggered forward. People can't help but wonder, was this script written wrong?
Humorous reminder: Do you know how calm the market is after this Bitcoin halving? It's like you're having a birthday party and you're the only one in the room. The cake is half eaten and the candles aren't lit yet.
2. Market reaction: expectations have been digested
This halving did not usher in a bull market as planned. One of the reasons is that the market’s reaction had already been digested long before the halving.
Simply put, everyone’s expectations are too high, and the market has already “reflected” the news in advance before the halving.
Coupled with the sluggish economic environment, the performance of cryptocurrency is like being suppressed and unable to move even if it wants to be awesome!
Humorous reminder: It feels like you bought your tickets early to watch a super blockbuster, only to find out after entering that it was just a replay of an old movie.
Those once thrilling scenes now only have some faint memories left.
3. The shadow of the global economic environment
Bitcoin's weakness this time is not just its own problem, the global economic environment has not given it much help. High inflation, rising interest rates, and geopolitical instability are like "gravitational forces" that firmly hold the market to the ground.
Bitcoin originally wanted to soar into the sky, but with so many external pressures, it ended up squatting on the ground and taking a breather.
Humorous reminder: Imagine that Bitcoin is like a hot air balloon, trying to float to the clouds, but suddenly a few bricks fall from the sky - interest rates rise, inflation soars, and the hot air balloon has to float slowly a little.
4. Calm thinking of retail and institutional investors
During previous halvings, both retail and institutional investors entered the market like hungry tigers pouncing on food.
However, after several market ups and downs, everyone is now much more cautious.
The volatility and risks of Bitcoin are prohibitive. Many people no longer follow the trend, but choose to sit on the sidelines calmly. As a result, the expected large-scale dance was attended by many fewer people, and even the DJ felt bored.
Humorous reminder: This is like holding a music festival that was expected to be very lively, but the band got high and everyone in the audience sat scrolling on their mobile phones.
5. So what should we do next?
Well, the halving has passed and the bull market has not come. So what to do now? If you're a newbie, don't panic.
The market has its ups and downs, and Bitcoin has always been a naughty little naughty guy who likes to do “surprises.”
In the long term, the market still has potential, especially when the macroeconomic environment improves.
The key is to be patient and not get scared by short-term fluctuations.
Humorous reminder: Did you know? Bitcoin is like that friend who is often late. Although you don’t know when he will come, he can always bring you some surprises when he appears.
Conclusion
This time the Bitcoin halving did not bring about the expected bull market as in the past, but this does not mean that there is no hope in the future.
The market is like a comedy, with highs and lows. The important thing is that we learn how to find balance in the fluctuations.
Investing in Bitcoin is not a sprint, it is a marathon.
If you've got your popcorn ready, the show is far from over.
Humorous reminder: Remember, the Bitcoin market always surprises people, like you never know what will happen next second.
Sit tight and don't worry, a bull market may be waiting for us in the near future.
