This round of bull market cycle has not yet entered its peak. I still expect that there will be an acceleration in Q4. It is still within the expected range for Bitcoin to break through 100,000, and the copycat bull will arrive as scheduled. As the CEX that is closest to the truth in the entire market, it has taken some actions recently. In the past few days, Binance has been frantically listing contract trading pairs of old coins. Yesterday, $mbox was listed, and today $chess was listed. These two projects have nearly doubled in price after the announcement of good news. In addition to the listing of various contracts in the past few days, the wealth-making effect of CEX is actually gradually spreading.
Currently, there are only dozens of projects on Binance that have spot but no contracts. If you are lucky, you can choose projects that are about to be listed with contracts. Not only this type of project, but also new spot products that have been listed recently, such as $dogs $ton $banana $zro , both the trading volume and the trend are very good, indicating that market makers and retail investors have begun to pay attention to new coins. CEX began to mobilize market sentiment at this time, most likely because the data they obtained showed that retail investors and market makers were taking action, and the funds on CEX began to become active. These are all signals that the cottage bull is coming.
If the global economy re-enters a loose state in Q4, Bitcoin will inevitably usher in a new high, and the entire cottage market will go out of the same market as in 2017 and 2021. The reason why the market at the beginning of this year is not used in other typical bull markets is that the driving force of Bitcoin's rise does not come from loose monetary policy, but from the passage of ETFs. In fact, this part of the funds does not like cottages, and we are about to usher in the market in Q4, which will return to the cottage frenzy, so everyone must seize the opportunity, even if you adjust your position and asset allocation, to ensure that you can get the most benefits in the cottage bull.