Looking back at history, the bloodbath of the 94 incident in 2017 kicked off a violent bull market. The 312 liquidity crisis in 2020 kicked off a bull market, and the bull market continued after Bitcoin was cut in half on 512 in 2021. In 2022, retail investors, project owners, miners, institutions, and exchanges were killed, five consecutive kills. After the bottom was consolidated, the market started to grow in conjunction with the Fed's interest rate cut.

According to the law, Bitcoin rises every four years. So far, it seems that this law has not been violated. What is the curse? That’s right, the halving leads to a smaller and smaller output each year. The cost for miners to mine one Bitcoin has increased significantly. The purpose of pulling up the price is to relieve the pressure on miners and to attract retail investors to enter the market.

The bull market often arrives before you know it. What does it mean by "unknowingly"? It means that before you know it, the bull has already climbed halfway up the mountain. At this time, you may want to wait for the bull to turn around and eat some grass before getting on the train, after all, the stock has risen so much. However, the bull not only does not turn around, but it seems to have full energy and does not need any supplies, and keeps climbing up.

At this time, you may not be able to hold back your temper any longer and rush forward bravely, but the result is often counterproductive. At this time, the Ox feels that it needs a nap.

A bull market often appears when most people feel that this market is not worth staying in. The market moves so slowly every day, going back and forth on just a few points, which makes most people lose patience and therefore they no longer care about the market.

The emergence of a bull market is often when the overall environment improves, the capital side begins to be sufficient, and smart money begins to flow in. The emergence of a bull market is often when most people feel desperate and feel that there is no hope for this market.

The emergence of a bull market is always when most people leave the market, and when these people begin to return to the market. The emergence of a bull market is a manifestation of a combined force. This combined force comes from the action of internal and external factors.

The two forces combine to form an unstoppable torrent. The external factor is that there is enough capital in the market, and these funds need to find the direction with the least resistance and the greatest trend. When more and more funds begin to pour into this track, the bull market can start.

So what is the trend with the least resistance? For example, if the money supply is loose, will there be a large amount of money pouring into the real estate market as in the past five to ten years?

The answer is of course no, because this market has great resistance and does not conform to the trend. Going against the trend will result in half the result with twice the effort. Only by going with the trend can you achieve twice the result with half the effort.