We are in the early to mid stages of a bull market!!!
Binance Square is really chaotic, I have no desire to stand out in the square anymore!
But I have to remind those born into poor families, ordinary and average people: Brother, this is our only chance to turn things around in this bull market, you must hold on, don’t be fooled to get off the bus, persevere, believe me!
Reasons why I say it is the early stage of a bull market:
1. The on-chain retail investor data for BTC is significantly lower than in the last two bull markets.
2. The number of large holders holding over 100 BTC is actually increasing, indicating confidence from large holders about the future market.
3. Google search volume is not overheated, and retail investors are far from entering a FOMO state.
4. Institutions are continuously buying in.
5. BTC has not shown any signs of a peak volume.
6. The number of retail investors participating in this round of market has increased several times, with a wide age range, including those from the 60s, 70s, 80s, 90s, and 00s. This is much more than the previous two rounds which were predominantly from the 70s and 80s.
7. ETH, as the king of all chains and a pioneer in technology, has not yet received sufficient liquidity in its ecosystem.
Therefore, we are still in the early stages of a bull market. There are multiple reasons for the high price of Bitcoin, so don’t be afraid of heights!
In the future, the crypto market will no longer be dictated by BTC; ETH will take the lead, and ETH will truly reflect liquidity, market sentiment, and the direction of the market in this round. The price fluctuations of BTC will have an increasingly weaker impact on the prices of other coins.
If you don’t believe it, we’ll just have to wait and see. I only care about friends from ordinary families like mine, and I sincerely hope you can hold on! Keep it up! Let’s go together! $BTC $ETH