The recent market is erratic, with sharp rises and falls
causing everyone to be anxious about whether the bull market in the crypto world is still alive?
This round of the market is very different. You say there is no bull market? Many coins are rising happily, just like Bitcoin and Ripple.
You say there is a bull market, but Ethereum and Polkadot are barely alive.
Many altcoins are even more chaotic; some have surged to new all-time highs, while others have been stuck at the bottom for 4 years.
Many people are commenting and doubting that this market is controlled by the Americans, with only Bitcoin in a bull market.
I believe this view is only half correct.
Anyone with eyes can see that Bitcoin is in a bull market; the price keeps hitting new highs. However, a bull market is when at least 70% of the coins in the crypto world collectively rise significantly, and that would be a major bull market.
This trend has clearly not yet appeared, but we cannot be so rigid. After all, the scale of funds and political backgrounds in the crypto world are completely different now.
Our thinking also needs to change; the definition of a major bull market needs to be redefined.
