Yesterday was the time for the halving of LTC. Many people had expected a big rise, but in fact the market did not usher in a sharp rise as expected. However, such a situation is actually not unexpected. In events such as the Bitcoin halving, the main players usually start hyping it half a year in advance. By the time the actual halving event comes, the good news has been fully reflected in the price, causing the market to lose the momentum for further rises, and may even become negative. . In a bull market, market sentiment mainly revolves around Bitcoin halving, while other currencies have different market performances.

It is worth noting that for the halving market of other currencies, major investors will often enter the market in advance, start speculation, and then start shipping 1-2 months before the halving. Therefore, when retail investors enter the market blindly chasing halving hotspots, they may actually be picking up the high-priced orders left by the main investors.