Bitcoin and Ethereum plummet in June? The 'June Curse' is back!

Every June, something happens in the crypto world.

Do you remember June 2022? Bitcoin plummeted by 37%, Ethereum was cut in half, it was a tragic sight.

Will this June repeat all of that?

A ten-year review: Bitcoin's poor performance in June

Since 2013, the number of ups and downs in June has been equal

Largest increase: +27% (2016)

Largest decrease: -37% (2022)

10-year average return: -0.35%

This means: if you held coins every June for the past 10 years, you would be overall losing money. Once a crash happens, a drop of more than 30% can wipe out leveraged players instantly.

Ethereum has strong reversal ability but greater risk

Frequent declines in June (6 drops / 9 years)

Winning rate only 33%, largest drop nearly 45%

But the average return is surprisingly 6.74%

Amidst the crash, there can also be surges:

In June 2017, it rose by 26%, and in June 2023, it rose by over 18%. High risk, but also opportunities.

Why is the market always so poor in June?

Institutional settlement season: at the end of the half-year, funds and other institutions concentrate on closing positions, leading to high volatility.

Regulatory crackdowns often explode: for example, the SEC often takes action mid-year, 2023 is an example.

Tight liquidity: traditional markets withdraw funds in May, making it easier for the crypto world to 'bleed' in June.

Three iron rules for survival to remember

Control positions: don't hold more than 20% of total assets in June, only then do you have bullets to buy the dip during a crash.

Set stop-loss: maximum loss of 15%, exceed that and stop-loss, otherwise you might be trapped for a long time.

Choose the right time to invest regularly: around the 25th of each month is a good time to buy the dip, as this is when institutions exert the most selling pressure.

Survival rules for old players in June

Do not be greedy for the last wave of increase

Do not gamble on a counter-trend rebound

Do not fear another crash

Survive, and you'll be qualified for the next bull market.