————Reposted from Weibo "Bisheng Finance"

Do you think the bull market is still strong?

——The currency circle is sober

From the beginning of 2023 to now, I believe everyone agrees that the current market is in a big bull market, right? Bitcoin has risen from the bottom of 15,500 US dollars to around 74,000, breaking the highest point of 69,000 in the previous bull market. Ethereum has also risen from the lowest of 880 US dollars to more than 4,000 US dollars. From the logic of the rise of Bitcoin and Ethereum, it must be a big bull market!

But why are there so many so-called big institutions in this round of bull market, but they are not as crazy as the previous two rounds? In the first round of 2014-2017, the number of coins that have increased by more than 100 times is so many! In the second round of 2018-2021, the number of coins that have increased by more than 10 times is so many! But now Bitcoin has broken a new high, and there are only a handful of coins in the entire currency circle that have increased by more than 10 times! In fact, we predicted this ending as early as May 30, 2022 on Weibo! Including on June 18, 2024, Weibo also mentioned it!

Recently? I found that the cryptocurrency market has finally begun to slowly wake up. Major communities and some kol bloggers are discussing why this round of bull market has become a topic of abnormal development. But many people are just complaining that they think this round of dog dealers has changed their routines and operating methods. In fact, this is all self-deception and looking for swords on the boat! Here is a sentence to summarize the current cryptocurrency environment, that is, the wild growth is over! Everything has a development cycle, just like the rise of new industries such as e-commerce, real estate, short videos, etc., there will be a wild growth period. Once this period is over, the entire industry will slowly develop towards stability. At this time, it is a huge test for the professional knowledge and skills of the participating players. If you always stay in the original thinking to look at the development of the industry, it is estimated that what you see will always be a false image. #区块链 $BTC $ETH $SOL