$BTC $XRP $XLM The market has gradually entered the rhythm of the bull market. BTC is rising steadily every day. Major mainstream public chain currencies such as XRP, XLM, ADA, LTC, DOT, BCH, etc. have also started the violent pull mode. Market liquidity is also surging. In the past 30 days, 9.7 billion additional USDTs have flowed into the exchange, which is the largest monthly inflow on record. Most of them have entered the Binance exchange, and this inflow has also set a new high for the monthly stablecoin inflow of Binance. From a historical perspective, the influx of stablecoins into the market represents the strong purchasing desire of users. After a large number of stablecoins flow into the exchange, the price of the currency is often accompanied by an increase.
Recently, the number of Google searches for BTC has increased significantly, but it is still insignificant compared to the peak of the bull market in 2017 and 2021, and is even worse than the search volume in March this year.
Retail investors care more about the altcoin season. Large funds will slowly withdraw in the subsequent rise of BTC, and these funds will gradually enter the altcoin market. The rise of altcoins will ignite the emotions of retail investors. Before the carnival of retail investors comes, the bull market will not end. This can also be verified from the kimchi premium in South Korea. South Korea should be the most fanatical nation in the world for speculating in cryptocurrencies. During the peak of each bull market, enthusiastic Korean coin friends will speculate the prices of various altcoins in South Korea's domestic exchanges to higher than other exchanges in the world, referred to as the kimchi premium. At present, Korean investors are still quite indifferent. Even if they return to the height of March this year, altcoins will not be at the current price.
In fact, those who have experienced the last bull market will find that the current situation is very similar to the situation at the end of 2020 in the last bull market. The real violent bull market has obviously just begun, and the larger-scale altcoin violent pull craze is still behind. Now we have just stepped into the threshold of this carnival party. Take your tokens and don't let yourself become just a spectator in the subsequent carnival. 🥳 #BTC创历史最大月度涨幅 #比特币突破10万? #非BTC板块市场走势 #山寨季何时到来? #泡菜溢价