According to ChainCatcher, Emma Cui, CEO of LongHash Ventures, said in a Space hosted by RootData that this round of market rise was mainly triggered by the entry of institutional funds, but the real bull market has not yet begun.
Emma Cui believes that the sign of judging the beginning of a bull market is whether there is a large amount of innovation in the market. She also mentioned that the US election in November may be an opportunity, and the impact of the Fed's interest rate cut may make the market better or worse.