It can also be seen from the imitation and Ethereum: the big ones are behind!
The most obvious point is that Ethereum reached its previous high of 1.4k during the last cycle eight months after Bitcoin's halving, while Bitcoin had already broken through its new high in advance. Therefore, many people are looking at the point alone, thinking that since Bitcoin has broken its new high for so long, Ethereum has not moved, so they think Ethereum is weak. One should look at the overall picture instead of just focusing on the points and ignoring the timing.
Furthermore, the biggest bearish viewpoint in the market right now is: the recession theory. It is believed that with the elections approaching, in order to stabilize the economy, there is a false prosperity. Let's take a step back and say that even so, will the central banks and the Federal Reserve just sit by and do nothing during an economic recession? Economic cycles are inherently cyclical, and the market has dual aspects; a recession also means that liquidity will be injected.
In summary: the darkest time has passed; you think the food on the table is already half eaten. In fact, it hasn't even started being served yet.
The market isn't devoid of money; it's just that large capital prefers to earn money with high certainty once everything stabilizes.
