Thank you for sharing, the analysis is great! Do you think this bull market is over?

The bull market is a hunting game
The big players are the hunters, and the retail investors are the prey
First, they pump Bitcoin to activate the market
Then they pull up a batch of 100X and 1000X coins on the chain to attract retail investors to enter, and when everyone's USDT is converted into altcoins and locked on the chain, the big players' inventory on the chain is almost sold out.

At this time, the big players go to pump the secondary market, today this one doubles, tomorrow that one triples, how can the retail investors stand it? They have no choice but to cut their losses on the chain and chase the secondary market, at this point the big players give you the secondary market's inventory back, taking back the chips of those who sold at a loss on the chain.
After the handover, the big players go to pump the chain again, and retail investors see, damn, just sold out and it skyrocketed, in a loss of control they will again cut their losses in the secondary market, going back to the chain...
And so a few rounds go by
Retail investors are left holding coins
The big players are left holding USDT
The bull market ends