This bull market should be the most difficult one. The rules are basically different from the past. BTC has gradually become a US stock. But in my opinion, BTC trading is much more difficult than US stocks.
1. 24-hour uninterrupted trading. This means that the market can happen at any time 24 hours a day. Of course, with the USization of BTC, the main changes are at the opening time of the US stock market. But this does not mean that there will be no changes at other times. For example, the previous weekend started to pull up to 7.
2. There are too many factors outside the market, and those that affect the stock market will affect it. Those that do not affect the stock market will also affect it. For example, upgrades, Mentougou and so on. This leads to a lot of false news, and it is difficult for retail investors to distinguish the true from the false and grasp it.
3. Although BTC is US-based, sometimes it does not synchronize with the US stock market. It does not rise when the US stock market rises, and it follows the US stock market, or vice versa. This makes it more difficult for retail investors to have an accurate reference basis.
In summary, I do not think that BTC is still a high-quality asset for retail investors compared to other investments. Especially for those who play contracts.
As for altcoins, there are more variables than BTC. There is nothing to talk about. Moreover, is this bull market related to altcoins? It may not be in the future.
Ps: After the interest rate cut, there will always be a period of sharp drop.
