The pancake rises but the shanzhai does not, brothers with full hands of shanzhai are particularly melancholic.
So will the shanzhai season still come?
Here's a set of data for everyone, hoping to help you all make some money and not fall in the darkness before dawn.
In the 2017 bull market, Bitcoin's highest market value share was 90%, and at the peak of the bull, the share was 40%.
In the 2021 bull market, Bitcoin's highest market value share was 70%, and at the peak of the bull, the share returned to 40%.
If we follow a four-year cycle, the peak of the bull may occur next year in 2025, and Bitcoin's current market value share is 60%.
Today, there are only 288 cryptocurrencies on Binance that have risen, while a staggering 974 have fallen.
History does not repeat itself, but it is always remarkably similar.
If the bull market is over, Bitcoin should have shorted that wave at 76 long ago.
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