There is no doubt that the bull market is still there!

From the larger scale of Bitcoin's quarterly line, the last quarterly line received above the support line, and the new quarterly line has just started, so I think the possibility of a sharp drop in Bitcoin is too small (although retail investors basically have no Bitcoin)

The panic index in recent times has reached the lowest point in nearly a year, and it has reached an extremely panicked state in the past few days. The continued panic has caused more people to cut their losses and leave the market. At present, most people think that the bull market is gone, especially the copycat bulls.

Bitcoin double tops are what I have heard most recently, but double tops can also become double bottoms. At present, whether from the macro-positive, policy-positive, or indicators of various dimensions, it shows that the bull market is far from over.

The recent unlocking information is bearish and the screen is flooded. I have always felt that unlocking is not the core of influencing the trend. The trend is always affected by the market. When the market gets better, it will also pull the market. This is the case for many copycats in the first half. The market has been bad in the past few months, so it will fall even if it is not unlocked. Not all unlocked coins will be sold, but retail investors will be immediately let go, so we see that the coins unlocked on the same day will fall sharply. I think at least half of them are the chips thrown away by retail investors.

The number and amount of retail investors holding Shanzhai in this round far exceed any cycle. Shanzhai has been washed out for several months, and many people are now exploding with negative emotions. Everyone feels bad about the decline.

I have always said that Ethereum will be the main force in the second half. Holding Ethereum is my biggest belief at present and will not waver.

Now I dare not analyze it, and I will maintain a neutral judgment, because if I insist on a point of view now, I will be DISSed by countless people. If you think the bull market is over, just give up, because the easiest way is to give up.