Several Main Characteristics of the Current Bull Market
1. Market Weakness, Outstanding Performance of Major Coins
The current bull market exhibits the characteristics of a "weak bull"; apart from Bitcoin maintaining its strength, other cryptocurrencies perform moderately. Most coins are constrained by insufficient funds, leading to significant price fluctuations and generally struggling to sustain upward movement. Altcoin trends often last less than half a month, lacking stability.
2. Lack of Incremental Market, Investors in Dilemma
Due to the poor overall environment, the influx of new investors has basically stagnated, and the market lacks incremental funds. Existing investors are experiencing tight finances, making it harder to enter the market, and the influx of new retail investors has become rarer, resulting in a lack of new vitality in the market.
3. Lack of Innovation Drive, Market Lacks Narrative
This round of the bull market lacks new technological breakthroughs and innovations, leading to a lack of new investment themes and narrative points, as well as a deficiency in expectations for future potential. This makes it difficult for investors to find new breakout points, and the overall market lacks imaginative space.
4. Market Maturing Gradually, Opportunities Gradually Decreasing
As the cryptocurrency market matures, the rapid growth phase of the industry seems to have passed, and many countries have begun to incorporate cryptocurrencies into their strategic reserves. This indicates that the market is gradually stabilizing, and opportunities previously seen as "pyramid schemes" are diminishing, causing investors to gradually lose earlier high-risk, high-return opportunities.
Overall, the current bull market lacks incremental funds and innovation drive, with the increase in market maturity making investment opportunities relatively limited, and the future growth space may become even more constrained.
