Recently, several Filipino friends have been asking me whether there will be a big bull market in the first half of this year, whether there will be a big bull market in July, and whether the bull market is still there, etc. I don’t know how to respond to their questions...
What I want to say is that the market will definitely have its ups and downs. The lowest point in the first half of this year is April 7, and since hitting that bottom until today, May 14, many altcoins have already started to recover. The meme sector has increased several times from the bottom, while other sectors have seen increases in the range of 1 to 3 times. Some altcoins have not risen and have instead fallen. From a broader perspective, the market has been recovering for a month, and based on the current trend, the phase of adjustment is already in place. A big market wave is expected in June and July.