I like to use market sentiment to see what stage the market is in in the short to medium term.
A very interesting phenomenon
When many people start writing memoirs of success, it's the peak
When many people start writing reflections on their failures, that’s when they reach the bottom.
This is a short-term market situation. How to judge the bull market in the big cycle is no exception.
When everyone realizes the bull market
Basically the second half
The bull market in the cryptocurrency world in 2021
Started from 2020, March 312, Despair
But most people realize that the bull market
It's basically 2021
Many of the coins have already seen a 10-fold increase.
You need to have a basic understanding of the market:
As long as there is a money-making effect, there will be continuous inflow of funds.
On the contrary, as long as the money-making effect weakens, the attention of funds will decrease, and the short-term or medium-term yield will naturally decline.
One or more reasons attract capital market money into the cryptocurrency world
The market's money-making effect continues to attract speculative hot money
This is analyzed from a macro perspective.
But in fact, what is more important for us is to be in this market to feel what a bull market is like. A bull market is a feeling, and only those who have experienced it will understand this feeling.
In fact, if you have been in the cryptocurrency world since August last year, you should have felt like you were in a bull market.
What is the real bull market?
Normally, people would cheer when the stock price increases by 3% to 4% a day.
In a bull market, a 30%-40% daily increase is common.
Think about the inscription market in October last year, AI and MEME in January and February this year, and the sol market in March.
There is no exception, but we just don't feel it when we are in it
Usually, the rise of each coin has its own logic, such as capital and technical aspects.
In a bull market, no matter how crappy a coin is, its price will rise illogically. It may even rise 100 times right before your eyes, but you can’t tell why.
Usually some coins rise and some coins fall.
In the bull market, all coins are flying, and there are illogical big positive bars floating everywhere.
Normally the strong will always be strong and the weak will always be weak
Bull market is full of demons dancing wildly, jaw-dropping
Normally everything is calculated
The bull market always breaks through your cognitive limits, even again and again, breaking through to the point where you can’t believe it.
It usually takes a long time to think about buying coins on the bus
In the bull market, everyone rushed in madly, fearing that they would miss out on 10 times the money if they were a second late.
Compare yourself and think carefully about where the market is. Is the bull market not here yet? Or is it a correction in the bull market? Or is the bull market over?
I believe you will come up with your own answer
I've finished writing, come on
