Based on current market performance, it can indeed be said that a bull market has started.
Signs of a bull market starting:
Bitcoin leads the way: As a market barometer, Bitcoin's price has repeatedly reached new highs, driving the entire market's upward trend. Mainstream coins and altcoins collectively surge: When Bitcoin experiences significant gains, it usually boosts the prices of other mainstream cryptocurrencies (such as Ethereum, BNB, etc.) as well as altcoins. This indicates ample market liquidity and high investor confidence.
Market sentiment: From discussions on social media and investor behavior, market sentiment is generally optimistic, which is often a signal of a bull market.
Key sectors and tokens to watch:
Artificial Intelligence (AI) sector: FET (Fetch.ai), TAO (Bittensor), RENDER (Render Network): These tokens have unique layouts and development potential in AI applications and blockchain integration.
Solana ecosystem: SOL (Solana): As an efficient blockchain platform, the Solana ecosystem is expanding. RAY (Raydium), PYTH (Pyth Network): These tokens play important financial and data roles within the Solana ecosystem.
MEME coins: NEIRO, PEPE, PEOPLE: These tokens are gaining attention due to their cultural connotations and community governance innovations. Although MEME coins usually exhibit high volatility, they often perform well during a bull market.
Mainstream coins: BNB (Binance Coin), LINK (Chainlink): These tokens remain strong in the market due to their platform's ecosystem development and practicality.
