Market Correction Resembles Mid-Bull Cycle Adjustment

According to Foresight News, Placeholder partner Chris Burniske expressed on social media that he does not believe the current market cycle has peaked. Instead, he views the situation as a mid-bull market correction, significant enough to cause widespread doubt among investors. Burniske compared the current scenario to the period of April to June 2021, when various tokens experienced declines of 50% to 80%. At that time, many declared the bull market over, and those predicting a peak were confident. However, the market saw a substantial surge in the latter half of 2021.