I like to use market sentiment to observe what stage the short-term and medium-term has reached

A very interesting phenomenon

When many people start writing memoirs of success, it is the top

When many people start writing reflections on failure, it is the bottom

This is a short-term market, how to judge the bull market in the big cycle, it is no exception

When everyone realizes the bull market

Basically it is the second half

The bull market in the 2021 cryptocurrency circle

Started from despair on March 12, 2020

But most people realize the bull market

Basically it has reached 2021

Many coins have already gone out of the market more than 10 times.

There should be a basic understanding in the market:

As long as there is a money-making effect, there will be continuous capital inflow

On the contrary, as long as the money-making effect weakens, the attention of funds will decrease, and the short-term or medium-term yield will naturally decrease

One or more reasons attract capital market money into the cryptocurrency circle

The market money-making effect continues to attract speculative hot money to follow up

This is analyzed from a macro perspective

But in fact, what is more important for us is to be in this market to feel what the bull market is like. The bull market is a feeling, and only those who have experienced it will understand this feeling.

In fact, if you have entered the cryptocurrency market since August last year, you should have felt like you were in a bull market.

What is a real bull market?

A 3%-4% increase in a day is usually a cause for celebration.

A 30%-40% increase in a day in a bull market is commonplace.

Think about the inscription market in October 2023, AI and MEME in January and February 2024, and the sol market in March.

They are all no exceptions, but we don’t feel anything when we are in them.

Usually, the rise of each coin has its own logic, such as the capital side and the technical side.

In a bull market, no matter how rubbish a coin is, it will rise illogically, and you can’t even tell why it has risen 100 times in front of you.

Usually, some coins rise and some fall.

In a bull market, all coins are flying, and there are illogical big yang bars everywhere.

Normally, the strong are always strong and the weak are always weak

The bull market is full of demons and people are dumbfounded

Usually, you have to think for a long time before buying coins

In the bull market, everyone rushed in frantically, fearing that they would miss out on 10 times if they were one second late.

Compare yourself and think carefully about where the market is. Is the bull market not here yet? Or is it a correction in the bull market? Or is the bull market over?

I believe you will come up with your own answer

I have finished writing, come on