Why do many people fail to perceive the current cryptocurrency bull market? ? ? ? ?

I think the reasons are as follows:

First, the altcoin market is saturated, and the current altcoin market size is already quite large, making it difficult to continue to maintain explosive growth.

Second, BTC and ETH have a high market value. Although Bitcoin (BTC) and Ethereum (ETH) account for an important proportion of the total market value of the crypto market, most people do not hold much, so their perception of the bull market is relatively weak.

Then there is VC investment to unlock altcoins. Many altcoins invested by venture capital (VC) have begun to unlock, and this phenomenon has compressed the upward space of the total market value of altcoins.

There is also the impact of airdrop selling pressure. The original buying power of the market is impacted by the selling of airdrop projects. Although there is a large amount of funds willing to take over, the price is still difficult to recover.

Finally, there is fierce competition among new projects, and a large number of dazzling new projects have emerged. The market funds are limited. These new projects have attracted some funds, but also caused the loss of funds from old altcoins.

Therefore, the current bull market of cryptocurrency market is constrained by many factors, which makes many investors unable to clearly perceive the rising trend of the market. Click me to find the correct investment logic! ! !#美国以太坊现货ETF开始交易 #比特币大会