Main points of this bull market:

1. Under the stock pattern, every concentrated outbreak of bullish sentiment is often a signal that the market has reached its peak. On the contrary, the slow rhythm of Bitcoin's three pulls and repeated rotations of altcoins is exactly the most ideal feature of slow bulls and long bulls.

2. The rhythm of the market is highly consistent with the time point when Trump's winning rate surpassed, which means that investors have begun to bet on the most optimistic scenario of election trading.

3. MicroStrategy's (MSTR) extremely high valuation premium reflects the strong bullish expectations of the US stock market for Bitcoin. Historically, Bitcoin Trust has also seen such a high premium, and then the market began to rise all the way.