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A Major Turmoil in the Cryptocurrency Circle: Is the Bull Market Really Coming?
Friends in the crypto community, has this recent market action made your hearts race nonstop? The violent liquidation yesterday saw the number of liquidations double that of March 12, and the liquidation amount far exceeded both March 12 and the 94 incident. What astounding secrets are hidden behind this? Today, let's thoroughly analyze this; it may be a strong signal for the bull market's explosion!
Looking back at the development of cryptocurrency, the alternating patterns of bull and bear markets always evoke mixed feelings. The start of each bull market seems to have a similar 'prelude'—clearing all contract leverage. The bull market of 2017, stemming from the 94 incident, saw all contract leverage liquidated, altcoins plummeted, and then it ushered in gains of dozens or even hundreds of times, allowing countless people to realize their dreams of financial freedom. The same was true for the 2021 bull market; the major crash on March 12 cleaned all contract leverage, followed by an astonishing altcoin carnival, with the entire crypto community immersed in prosperity.
Looking back at the development of cryptocurrency, the alternating patterns of bull and bear markets always evoke mixed feelings. The start of each bull market seems to have a similar 'prelude'—clearing all contract leverage. The bull market of 2017, stemming from the 94 incident, saw all contract leverage liquidated, altcoins plummeted, and then it ushered in gains of dozens or even hundreds of times, allowing countless people to realize their dreams of financial freedom. The same was true for the 2021 bull market; the major crash on March 12 cleaned all contract leverage, followed by an astonishing altcoin carnival, with the entire crypto community immersed in prosperity.
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