Are the cows still there? Some people in the market have said that the cattle have left, but this is obviously impossible.
reason:
1: Has btc been halved? 38 days left
2: Has the ETH ETF passed? Not yet, the next time window is May 23
3: Has the Fed cut interest rates? Not yet, expected to be in June-July at the earliest. However, the yen has entered a period of interest rate hikes, and the yen is expected to see a wave of gains.
4: Is there an election in the United States? November 5, 2024
After the Cancun upgrade, L2gas dropped significantly and was ignored. L1 dropped slightly, but it was mainly due to the drop in currency prices and the drop in on-chain activity.
The MEME chaos, especially the MEME on SOL, has become so anti-intellectual that it cannot last long.
5: Have the newcomers arrived? Every plunge and surge is a sign of being out of the circle, but we haven’t seen a large number of newcomers entering the market, and the old people are also trembling, far from reaching the stage of fomo.
To sum up, the good news is far from being realized, and bad news has also appeared. This is a common situation in a normal market. No fomo, no fud. This will not be the end of the bull market. There will be several 20~30% corrections in the future. Don’t be afraid, follow the discipline and follow the plan!
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