Recently, the number of profitable Bitcoin addresses reached 39.1 million, a record high, while the number of losing addresses was 9 million. This data makes many people excited, but also makes some people worried. After all, in a bull market, most people can make money, while a small number of people will lose money. Now, this feature appears in a bear market, which makes people wonder whether the market has really bottomed out.

Looking back at the past few bull-bear cycles, everyone knows the significance of hoarding coins, which makes it possible that the launch of this bull market may not be as easy as the previous ones. After all, this "car" is already very heavy, and if it really needs to be pulled up, it may not be that easy. Moreover, these profitable addresses are unlikely to be sold, and most of them are long-term holders who will wait until the bull market to sell. This makes the launch of the bull market very difficult, at least it is difficult to have a big market launch before the global economy heats up.

In addition, referring to historical market conditions, the closer to a bull market, the market will not stay in one position like before, but will occasionally freak out and stir up trouble. Everyone should be fully prepared, continue to invest in an orderly manner at their own pace, and increase investment when there is a big drop. After all, under the current liquidity, the possibility of a sharp drop is very small.

Finally, as to whether Bitcoin will rise to the top, it is best for everyone to give up this unrealistic idea. Bitcoin does not have the slightest monetary attribute. Even if the US dollar depreciates sharply, Bitcoin cannot become a currency. After all, the value of Bitcoin is not constant. If it becomes legal tender, the wealth of the entire society will disappear out of thin air, there will be economic crises every day, and society will always be in a state of panic. Therefore, we should view Bitcoin as an investment product, not a currency.#币安合约锦标赛