Is it a bull market as many people say now?

Answer: No, it's just that Bitcoin has risen sharply

If you think it's a bull market now, there are probably only two situations. The first is that you don't know what a bull market is at all; the second is that you have never experienced a real bull market. Take the bull market in 2021 for example. How many people really made money by going long in that market?

You should know that the "5.19" incident occurred at the beginning of the bull market in 2021, not after the bull market had developed. Many people may not even know what happened in 2014, 2017, and 2021, which are relatively critical years in the crypto circle.

Take the so-called bull market in 2021, for example. Bitcoin first rose to $64,000, and then fell by almost 60% at once. Then, in the process of rising, one day it rose by nearly 40% in a single day, but then it suddenly fell by 33% in just 24 hours. The fluctuation of the rise and fall is too amazing. Then it was considered to be the opening of the bull market. But when the real bull market starts, how many people have the courage to chase more? And how many people still have enough chips in their hands?

Many people really don’t even understand the concept of a bull market, so don’t be easily influenced by the views of those "leeks" who don’t know much. You know, the necessary conditions for the opening of a real bull market are, "It must be that the short sentiment is high, the short position is large, and the longs dare not easily chase more." So far, every bull market has been like this, without exception.

Finally, you can ambush a small amount of puppies with a small amount of funds. Musk mentioned it in his tweet, it shouldn’t be bad. $DOGE $THE $SHIB #市场波动，加仓还是观望？ #meme板块关注热点