Six scenes of the bull market evolution path:
1. Pilot coin takes off: a sign of market launch, a strong rebound led by Bitcoin, those mainstream cryptocurrencies that suffered heavy losses in the previous cycle took the lead in realizing value return, and doubling is common.
2. Sub-mainstream coin relay: Following closely, the second Bitcoin began to catch up, and their prices soared like wild horses, attracting the attention of many investors.
3. Bitcoin rest period: When Bitcoin entered a relatively stable sideways consolidation stage, the market focus shifted to various altcoins. These projects were like a hundred flowers blooming, competing to bloom, and prices soared, and the market entered a diversified prosperity period.
4. Meme coin carnival: At this time, cryptocurrencies with meme culture as the background became the focus of the market. With their unique community culture and hype hotspots, they attracted a large number of speculators to join, and the market was full of various novel and crazy trading behaviors.
5. NFT and blockchain game bubble: NFT and Ponzi blockchain games, which should have been the driving force of market enthusiasm, failed to fully stimulate the market's fomo sentiment to the peak due to some reasons, but their appearance still exacerbated the market's speculative atmosphere to a certain extent.
6. Comprehensive callback, market reflection: In the end, the market ushered in a comprehensive callback phase, Bitcoin fell sharply, and altcoins suffered a heavy blow, and many meme coins even returned to zero. At this stage, investors began to reflect, and the market also entered a relatively calm adjustment period, accumulating power for the opening of the next cycle. It is worth noting that this round of bull market did not completely follow the traditional path. After the carnival of some altcoins, they directly skipped the comprehensive prosperity of NFT and blockchain games and quickly entered the callback phase.
If you have been chasing ups and downs, often being trapped, and have no latest news in the currency circle, friends who have no direction, click on the avatar to follow me, more information on the homepage, bull market strategy escape skills to screen potential currency logic.
