Is it a bull market as many people say now?
Answer: No, it's just that Bitcoin has risen sharply
If you think it's a bull market now, there are only two possibilities. The first is that you don't even know what a bull market is, and the second is that you haven't experienced a bull market. How many people who went long in the 21-year bull market made money?
5.19 appeared at the beginning of the 21-year bull market, not after the bull market. Many people may not know what the crypto circle is in 14, 17, and 21 years.
The so-called bull market in 21 years is that Bitcoin rose to 64,000 and then fell 60%. Then, during the rise, it rose nearly 40% in a single day and suddenly fell 33%, and the rise and fall was completed within 24 hours. When the real bull market starts, how many people dare to chase more? How many people have chips?
Many people don't even know what a bull market is 😂, so don't be affected by leeks. The necessary conditions for the real bull market to start "it must be that the short sentiment is very good, there are many short positions, and the longs dare not chase more", at least so far without exception.
If one day the frequency of OTC merchants' transactions becomes lower, the frequency of selling U is high, and the frequency of buying U is low. The buying rate of bulk transactions becomes lower, instead of a large number of users entering the market to buy U as now, then it is highly likely that the real bull market will start.
