The account has been losing money, is the bull still there?

Timeline sorting:

1: Chaos at the beginning of the year and signs of rebound

At the beginning of 23, the market was in a deep bear market and the mood was low. SOL and BONK in its ecosystem triggered a short rebound, indicating that the market may pick up. Although it seemed absurd at first, the hungry market is prone to rekindling the bull market fire due to small provocations.

2: Shanghai upgrade hype and short-term market

Then, the market focused on the hot spot of Shanghai upgrade, and the news fluctuations caused the market to react violently. Although VC and retail investors rushed to run, the market ended quickly, indicating that the market was still dominated by bear market sentiment and the concept hype had limited impact.

3: Inscription craze and rapid decline

At the end of April, inscription projects such as Ordi rose, bringing short-term profit opportunities, but then inscriptions on various chains flooded, retail funds dried up, and the market fell into silence.

4: BOT project briefly shined

Projects such as Unibot and Banana BOT attracted attention briefly, but they failed to continue because they relied on the market and the inscription market collapsed.

5: The rise of VC coins and Bitcoin ETFs

VC coins such as TIA broke out in the dormant market, and Bitcoin ETF brought expectations and capital inflows, driving some markets to recover. However, the launch of a large number of VC and meme coins has led to rapid capital flow and intensified market differentiation.

6: Current market dilemma Newly launched VC coins absorb a large number of stablecoins, but prices continue to fall, and airdrop parties and market makers continue to sell. The number of new meme coins has surged, further draining market liquidity. Retail funds are exhausted, the market lacks the power to take over, and the future trend is full of uncertainty.

Summary:

This round of bull market originated from the chaotic rebound at the beginning of the year. After experiencing short-term market conditions such as Shanghai upgrades and inscription crazes, it is currently facing the dilemma of retail funds drying up and the market lacking the power to take over. The future market trend needs to rely on new money-making effects to attract capital attention.

In the bull market, we have built a super awesome little Qzi, where everyone shares experiences and strategies and keeps up with the pace of the bull market. No matter how the market changes, we will not fall behind! For details, see the homepage introduction.

#TON #PEPE #ordi​​​