The current market is not a real bull market, and it is most likely caused by capital speculation

The reasons are as follows:

• The current market is not in a bull market, but the price of Bitcoin has risen due to the capital speculation of Wall Street, giving people the illusion of a bull market.

• The inflow of new funds is limited, and the market activity is not as good as during the bull market.

• The real bull market is expected to come after the Fed cuts interest rates, when a large number of new users and funds will flow into the market.

• Most of the current participants in the market are experienced investors, which is completely different from the situation during the bull market when a large number of novice investors poured in.

The interesting thing is:

The people who are still playing in the currency circle are all old-timers, like monkey spirits, neither blindly following the trend to sell, nor easily betting on the market! #币圈  #比特币牛市

Do you agree? Please express your views~