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The short-term rebound bull market has ended, and the period from June 5 to October 5 will be the darkest time in the crypto world.
It's best to cut losses early if you're still holding long positions, because the largest holdings of BTC and ETH, "MicroStrategy" and "Bitmine," have already surrendered first.
Most people are selling coins and shifting their investments to U.S. stocks, A-shares, Korean stocks, and Taiwanese stocks, while a few meme leaders are still looking for angles, advising everyone to preserve their principal to have a chance to buy the dip.