Brothers, make sure to remember these few things and not be led by the market:

First, the current decline in the crypto world is essentially just "killing consensus."​
Looking globally, the US stock market and gold are both rising across the board, with traditional market capitalization increasing by hundreds of trillions. In contrast, the total market cap of the crypto space has been almost stagnant over five years, even declining. This indicates that the room for further sharp declines is actually very limited.
Second, the bottom is always terrifying.​
The more this happens, the more media, social platforms, and various news sources will desperately amplify panic, taking things out of context, and spreading bearish brainwashing voices everywhere, just to force you to give up your chips. Plus, a group of people with a "crab mentality" who have no direction themselves and can't stand seeing others succeed will join in the commotion. Remember: ignore all these noises.
Third, frequent trading during volatile periods is essentially an escape.​
Last year's Ethereum rally, many people held for months, but before the main upward wave started, they switched cars and made reckless moves just to escape that painful period. The result of frequent trading is often not turning things around, but slowly losing everything.
Fourth, the real main upward wave is not far away.​
Bitcoin and Ethereum are likely to see a big surge, and hitting new highs around October is not a pipe dream. Meanwhile, opportunities on altcoins will also explode, with dozens or even hundreds of times potential quietly brewing.
At this cycle point, it’s all about cognition + patience. Those who have direction, can hold onto bottom chips, and endure will find this main upward wave prepared for them. Don’t be washed out by short-term emotions and noise.
Fifth, domestic restrictions on US stock trading are also one of the reasons for recent pressure on gold and the crypto market.​
As more platforms connect to US stock trading, the capital diversion effect becomes obvious, making it easier for everyone to shift focus to traditional markets, which suppresses short-term liquidity in the crypto space.
Sixth, if interest rate cuts happen on June 18, there’s a high chance of an extreme market move beforehand.​
Such intense volatility is often a classic script of shakeouts and accumulation, so don’t be scared or act rashly. $BTC $ETH $GT #比特币ETF单日净流出7272枚 #Gate携手Alpaca链接数字资产与股票金融交易 #分享美股交易赢英伟达股票 #交易CFD送黄金