Why has the engine of this round of bull market been so lethargic during this period, that even the average Joe can surpass it in gains? Can the ETH killer really just talk the talk?

This has to start with the unlocking of tokens. SOL is a token from the last round, and its circulation has already reached 90%. The final wave of massive token unlocks is about to start. The SOL bought by investment institutions at 0.04 USD can finally be sold, and even the market makers would not want these institutions to unload at high prices. The lethargy during this period is certain.

In mid-January next year, approximately 1 million SOL will be unlocked.

According to the unlocking report issued by the Solana official, 16,889,084 SOL will be unlocked from January to June next year, which is approximately 3 billion USD of selling pressure based on a price of 186.

I hope everyone can trade coins rationally. The unlocking of tokens in the crypto circle is similar to the reduction of holdings by shareholders in major A-shares; these are all underhanded tactics. I hope my brothers who follow me can earn forever.