How many variables are there in the cryptocurrency circle now? The first is the return of Zhao Changpeng, the king of the cryptocurrency circle.
He is the absolute main force in the cryptocurrency circle, and An An occupies half of the trading volume. If there is no bull market, will An An still open? So even if there is no natural bull market, the main force will force a bull market to ensure that the consensus of BTC's four-year halving remains unchanged. Is this the right time or the right people?
Starting from October, all capital markets entered the carnival stage, the so-called Halloween effect. In the past 50 years, the average increase of US stocks after Halloween was the largest. The reason is very simple: in autumn and winter, people reduce travel and consumption, and have more time and funds for stock and cryptocurrency speculation. At this time, the performance of the cryptocurrency circle and US stocks is often amazing.
Coupled with the global interest rate cut trend, water release has become a trend. Major economies such as the United States, China, Europe, Australia and Canada are all cutting interest rates and even introducing stimulus policies. There are more funds in the market, which is the long-awaited incremental funds in the cryptocurrency circle, providing the best soil for the start of the bull market. Therefore, the current cryptocurrency bull market can be said to be in place. The right time, right place, and right people are all ready. The only thing you need is patience. Hold on to your coins and make friends with time.
Some newcomers are too anxious and have wrong expectations. BTC will definitely rise, but it will not double in one or two days. It may double in a year, or even shorter. Prices will rise and fall, and from time to time they will suddenly rise, and from time to time they will suddenly fall. The increase in small coins is usually greater. So, be patient and hold those coins with potential. I hope you will still be in the market by this time next year.
At present, BTC's market share has indeed increased faster than in previous bull markets, and the state of unilateral blood sucking is becoming more and more obvious. BTC's market share is now 58.92%. If you look at history, the most recent share can be traced back to around April 5, 2021, when the BTC price was also around 68,000 US dollars. Although these two data are not directly related, it can be seen that everyone still prefers big cakes, especially institutions. However, according to historical experience, the big cake season and the cottage season will alternate, and after the big cake rises, the cottage season may not be far away.
