Today I will write about the biggest difference between the last two bull markets and the past. In the past, the bull market was in a state of wild growth. Funds continued to pour in. There was no top. So most of the power was spent in the process of rising. The time for the decline and callback was not enough. The time for washing the plate was naturally insufficient. Because wild growth does not require washing the plate. The method of plummeting to clean leverage was often used. In the last two bull markets, liquidity was stretched. The main force had to wash the plate in various ways to obtain liquidity in order to support further growth. The overall policy environment was not ample. So, it was reflected in the trend comparison. In the past, each bull market had at most one weekly level callback. Now there may be two, three or even four times. Repeated callbacks to clean leverage, forcing longs to take over at high positions. So in the next year, there is a high probability that there will be another weekly level cleanup. Not to mention the three-day line callback, at least one or two times. Everyone, please be safe! $BTC
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