Where has the bull market progressed now?
I like to use market sentiment to observe what stage it has reached in the short and medium term.
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 a large cycle is no exception
When everyone realizes the bull market
It is basically 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
It is basically in 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 circle since August last year, you should have felt like you were in a bull market.
What is a real bull market?
Usually, people cheered for a 3%-4% increase in a day.
A 30%-40% increase in a day in a bull market is common.
Think about the inscription market in October last year, AI and MEME in January and February this year, and the sol market in March.
There are no exceptions, but we don’t feel it when we are in it.
Usually, the rise of each coin has its own logic, such as capital and technology.
In a bull market, no matter how rubbish the coin is, it rises illogically, and even in front of you, it rises 100 times a little bit, and you can’t tell why.
Usually, some coins rise and some coins fall.
In a bull market, all coins are flying, and there are illogical big Yang bars everywhere.
Usually, the strong are always strong and the weak are always weak.
Bull market demons are dancing wildly, and people are dumbfounded.
Usually, everything is calculated.
The bull market always breaks through your cognitive limits, and even breaks through again and again. Break through to the point that you can’t believe it.
Normally, it takes a long time to think before buying coins. In the bull market, everyone rushed in frantically, fearing that they would miss out on 10 times the value if they were a 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?