Forward: Let's tell a cold joke today
At the end of December 2020, which is four years ago, the crypto bull market's main rising wave had already begun, with Bitcoin priced at $29,000, about 145% of the previous bull market's peak. Ethereum was priced at $760, about 54% of the previous bull market's peak.
Now, another halving bull market is starting, with Bitcoin priced at $98,000, about 142% of the previous bull market's peak, and Ethereum priced at $3,500, about 71.8% of the previous cycle's peak.
So, as the market stands now, the price trends of Bitcoin and Ethereum, which together account for 70% of the market cap, have almost replicated the previous situation. Additionally, Ethereum has been stronger this time compared to the last cycle, contrary to the commonly held belief that it has weakened, speaking with strict data rather than feelings. #币安Alpha公布第6批项目 $BTC