This round of the bull market presents unique characteristics compared to previous ones.
In terms of Bitcoin (BTC), each of its pullbacks shows a rapid spike feature, resulting in significantly increased volatility.
As for altcoins, many of the liquidated contracts experienced a rebound the next day, making this trend seem as if short-term funds were quickly withdrawn and then rapidly flowed back in for recovery.
Ethereum is currently in a slow bull market, and although many have been fully invested in Ethereum and have complained for months, its price has also begun to rise slightly every day recently.
In the past, many often asked, "Is the bull market coming?" In fact, according to this logic, the bull market process can be divided into the following stages:
The first stage is the accumulation phase for Bitcoin, where it continues to dominate the market direction.
The second stage is the catch-up phase for Ethereum, which is a key signal of the bull market. If Ethereum does not show any catch-up situation, then this round of the bull market may contain false elements.
The third stage is the phase where all coins rise together, at which point the entire market will experience a comprehensive explosive increase.
If you want to deeply engage in the cryptocurrency space but cannot find a clue, and want to quickly understand the information gap, whether it is contracts or spot trading, you can 👉 learn more in my profile #PCE与美联储纪要公布在即 #SUI、IMX、ADA大额解锁 #GameFi板块信号