Is this still the middle of the bull market?
Many people are saying that the bull market is gone, and they think that the market will end with the decline of BTC. But I think this round of bull market is still there. First of all, the Fed has not cut interest rates yet, so it is too early for the bull market to end. Now I will give you a wave of faith.
Four stages of a bull market:
First, BTC must be sucking blood from the cottage, rising first, driving a wave of large funds to enter the market, and then repeatedly washing the market, and recovering the cottage in the decline!
Second, ETH began to rise and became the leader, driving VC coins to rise, and the market recovered the cottage again!
Third, various new concept new coins are rising, and everyone's investment eyes are looking at the new concept coins, thinking that the market is the world of new concepts.
Fourth, the demons are dancing, VCs start to invest crazily, and the market opens the era of big bulls. This time almost all the coins are rising, and it is time to stop and run away.
Now, we are only briefly at the beginning of the second stage. The cottage rising trend in this cycle is more about the passage of ETFs. Although history will not repeat, the cycle will not change!