For some reason, Elon Musk stopped tweeting about DOGE and even Bitcoin, making people lose interest in crypto these days. Add to this the China miner ban, and regulatory action against Binance exchange and you'll see why the market hasn't gone up that much within the last 2 months (approximately). Bitcoin is still struggling to reach a new ATH, while ETH doesn't get past $3k per coin.
Sometimes I wonder if the crypto hype is over. "De-Fi" and NFTs are still a big hit, but interest/demand seems to be slowly declining. I'm guessing the next Bitcoin halving will "revive" the hype. But there's no guarantee this will happen since crypto behaves in many strange and bizarre ways.
Well, maybe. But you don’t have to be relying on what those people has to say to make your decisions, there are still coins that are doing pretty good at this time, and their prices are still growing without all the hype and stuff. Moreover this hype of a thing is usually at a time after the halving when the market starts pumping, and it’s like a normal thing that happens after some years, like we have seen before. So the bullish trend is over for now, and the market is back to its normal up and down movement we usually see. Try to be doing your analysis and not rely so much on hype, it’s going to help you.
