Bitcoin bull market peaks at 300,000 dollars! The bull market has started and is relatively certain. It can be definitively said that the bull market is in its first phase.

The characteristics are that BTC leads the surge, only a small number of sectors are effectively responding, and most altcoins are performing poorly. The logic has actually been mentioned in the article I quoted earlier, so I'll just copy it.

1) At the beginning of the market, the confidence has not fully recovered. A significant rise in BTC is needed to signal to the market that the big bull market has arrived.

2) Many times, when BTC has a slight pullback, due to the long period of weakness experienced by altcoins, panic psychology is severe, and altcoins often see larger declines.

3) Altcoins often have a lot of trapped positions, so even if the main forces want to drive the price up, they will repeatedly wash out positions at critical points.

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