Look at the overall situation, determine the bull and bear, and distinguish the stages;
Bitcoin has once again broken through 65,000 US dollars, and the price has reached 66,000 US dollars.
From the current market, it is still quite interesting, that is, it seems that this bull market is the bull market of Bitcoin, and the altcoins are not following the rise.
This situation rarely occurred in the last bull and bear markets.
During the last bull market, when Bitcoin rose by about 6 points on the daily level, the altcoins basically rose with it, and the increase was at least a dozen points, or even 20 or 30 points.
But in this bull market, we can clearly see that the increase of altcoins is shrinking. Yesterday, many altcoins could not catch up with the increase of Bitcoin.
Will this situation be like what everyone thinks, that Bitcoin is sucking blood?
This kind of Bitcoin sucking blood is not ruled out, but I personally think that it has not yet reached the blood sucking stage, and this effect will appear in the middle and late stages of the bull market.
It is not the case in the early and middle stages of the bull market, and the current trend also proves that this wave of bull market is a slow bull market, and also verifies that the slow bull market will be differentiated and rotated among large sectors.
This trend is extremely unfriendly to retail investors, and it is also a great test for retail investors.
As more and more people participate in the currency circle globally, and professional traditional investment institutions and countries pour into this market, the market is becoming more and more professional and sophisticated.
What I have always emphasized is that the probability of Wanbi's rise in this bull market will not be too high, but will rotate among high-quality and valuable sectors.
It is also reminding everyone of the risks and the real test is coming soon.
