This round of the bull market in the crypto world feels like a Bitcoin bull market, while altcoins have plummeted tragically. Even the stablecoin stocks in the A-share market are rising steadily. It's been a long time since the halving, and the Federal Reserve has been slow to cut interest rates. The old investors are likely worn out by this market cycle, and even Ethereum has performed poorly. Many people in the crypto world have already lost their composure. Some say it's about integrating cryptocurrencies and stocks, with money being siphoned off into the stock market. Others say the overall environment is bad, and people are reluctant to invest so much money into crypto. What exactly is the reason? I don't know.

Not just altcoins, but also the so-called 'meme coins' are in a mess; almost all the meme coins that surged on-chain in the past few months have seemingly gone to zero!

With the non-farm payroll data released, everyone is feeling even more pessimistic, believing that a rate cut at the end of July is basically impossible, and it's uncertain whether there will be a rate cut in September. It's tough to endure.

As for whether there will be a grand bull market in the second half of the year, with all currencies soaring in prosperity, let's leave everything to time! #pi #PiJS #BTC #ETH