$BTC month has five consecutive down candles, and the last time this happened was in 2018 with seven consecutive down candles; $ETH month has six consecutive down candles, and similarly, in the worst year 2018, there were five consecutive down candles. In 2018, cryptocurrencies had only been developing for a few years, but now the industry is becoming increasingly mature. Although volatility remains, I believe it's too early to say "cryptocurrency is dead." Let's wait for an opportunity and prepare for a rebound!
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Today $BTC $ETH closed the monthly candle
$BTC month has five consecutive down candles, and the last time this happened was in 2018 with seven consecutive down candles; $ETH month has six consecutive down candles, and similarly, in the worst year 2018, there were five consecutive down candles.
In 2018, cryptocurrencies had only been developing for a few years, but now the industry is becoming increasingly mature. Although volatility remains, I believe it's too early to say "cryptocurrency is dead." Let's wait for an opportunity and prepare for a rebound!