🔥Bull market trajectory revealed🔥
⚡️Is it still there now? What stage is it in? ⚡️
I. The subtle turning point from the end of the bear market to the beginning of the bull market
The bear market haze at the beginning of 23: market sentiment fell to the freezing point, and the weak rebound of sol and bonk was like the first appearance of Mars, but it foreshadowed the prelude to the bull market.
Shanghai upgrade frenzy: a groundless upgrade news actually set off a short-term craze, and currencies such as ssv took advantage of the situation, but it was fleeting like fireworks, leaving a mess.
The inscription craze swept: The inscription craze of projects such as Ordi made the market boil for a short time and accelerated the flow of wealth, but then quickly cooled down, leaving the market silent and reflective.
II. The spiral rise of VC coins and Bitcoin ETFs
VC coins have emerged: the strong rise of tokens such as tia has led the VC coin market to carnival, and the launch of Bitcoin ETF has injected a shot of adrenaline into the market, funds are surging, and meme coins are dancing with it.
On the eve of the bubble burst: However, with the emergence of a large number of VC coins and meme coins, market funds quickly dispersed, bubbles gradually accumulated, and finally reached the edge of bursting.
3. Current dilemma: Funds are exhausted and bull market is hard to find
Liquidity is exhausted: Newly launched VC coins continue to devour stablecoins, and the number of meme coins has surged. Under the dual pressure, market liquidity is almost exhausted.
Retail investors are confused: Retail investors have exhausted their funds, the money-making effect is no longer there, and the market lacks the power to take over.
Future fog: When will the dealers who pull up VC coins take action? When will the funds return? Has the bull market become an illusion?
Summary:
From the embers of the bear market at the beginning of the year to the short-lived bull market illusion, and then to the current liquidity exhaustion and confusion, the market has experienced a roller coaster from hope to disappointment, and then to despair. The short-lived glory of VC coins and Bitcoin ETFs can not hide the deep fatigue and powerlessness of the market. Today, retail investors are exhausted, the market lacks new sources of power, and the return date of the bull market is still unknown. If the interest rate cut is still the same, then this round of market will be declared over. All we have to do now is wait patiently.
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