Many fans have been asking in the group whether this rise is a bull market and when it will come. It has been said in the official account a long time ago that the bull market will start between September 12 and December 12 this year, and it can start at any time if there is a big positive drive. This interest rate cut is only likely to be the beginning of the bull market, and it is too early for now. There are two main observation points to judge the start of the bull market. The establishment of a new rising leader is also the starting point of the big bull market. This time, the new leader in the currency circle is likely to be the new public chain Sui. It mainly depends on whether Sui can break through the previous high of $2.18 first. Only well-known new public chains can fully stimulate market sentiment. Secondly, it depends on whether Bitcoin can effectively break through the previous high of $73,000 and step back to confirm.
What can be confirmed now is that many investors have begun to hoard coins, and there are more and more long-term holders. The number of short-term speculators is decreasing. The bull market in 2025 is coming to us, and we should hoard and cherish it.