Many people think that this bull market started early, so will it end early?
I don’t think so. The last bull market was a slow bull. At that time, affected by the epidemic, the economy was in recession, and the currencies of many small countries depreciated seriously. In addition, the Federal Reserve cut interest rates, so everyone was looking for safe-haven assets to resist inflation. But this round The difference is that the Bitcoin ETF is mainly responsible for the early start of the bull market. The Web2 army provides liquidity for BTC, which will be a relatively long-lasting injection.