About the progress of this round of bull market:

1. What stage has the bull market reached?

First, the conclusion: the mid-term of the bull market

Why is it the mid-term of the bull market? Since 2024, Bitcoin has broken through the previous historical high of 69,000 and hit 73,000 dollars. Although the increase is limited, it has pierced the highest point of the previous round, which means that the "bull market" is in progress. This round of bull market is not suitable for any thinking of cutting the boat to find the sword, including the arrival time, duration, sector, cottage season, multiple theory, etc., because the first thing to break is the rotation once every 4 years, and this time it is obviously ahead of schedule! As the volume of Bitcoin is getting bigger and bigger, its increase or decrease in each market must be getting weaker and weaker, and it may eventually fluctuate in a small range like gold. But most of us hold "altcoins", which are collectively called altcoins except Bitcoin. After breaking through the historical high, 90% of the altcoins did not keep up. Many people don’t know that the bull market belongs to the currency circle, but the currency circle belongs to Bitcoin. What does BTC breaking through the historical high have to do with your altcoins? The current market share of Bitcoin has been maintained at around 53% for a long time. Those who should fly have already flown, and those who should not fly should not wait, because they may have to wait for the next four years.

In fact, the increase in the difficulty of making money is also a good thing for each of us. Only those with a keen sense of smell can make money in this round of market, and those who stick to the old rules cannot make money in this round of bull market. I advise you to stop while you are ahead, because our opponents in this round of bull market have changed from Grayscale, which only enters but does not exit (it can’t be considered an opponent, it is the largest and most friendly institution in the last round of bull market) to Wall Street, BlackRock, and ETF. Bitcoin has even become a value transmission chip for warring countries.

I have summarized several consensuses that have been overturned so far:

1. Speculate on new, not old

2. Buy value coins

3. Buy with institutions

4. A bull market every 4 years

5. Retail investors can never beat institutions

6. Judging altcoins by Bitcoin market share

7. Ethereum is a signal of altcoin explosion

You may have heard the above 7 consensuses from any blogger, because these points have been a consensus for a long time. People who think they are a little bit awesome will use this as an example to judge the development of the market, but what I want to say is that you must forget these 8 points in this bull market, and you must clear the historical data in your brain. The so-called consensus is actually used to continuously build and break. If you can keep up with the rhythm of the market, you are the king, from pepe to ordi, and there are even many thousand-fold coins that I have not participated in or even heard of. After opening up your own information gap, jump out of your old thinking and welcome the "new bull market"!

A few useful information:

1. Don't dream of getting the last pound of the pie

2. Don't dream of earning all the money

3. After earning the money you want, let it sit for a month without doing anything. When you figure out where you want to go, take your coins (money) there. #牛市

I am Caishen, a veteran in the cryptocurrency world, and I only tell the truth. If you are interested in the cryptocurrency world and want to get started quickly but feel confused, please follow me and contact me through my homepage. I will provide you with real and valuable advice to help you move forward steadily. Let's explore, grow, and create brilliance together in the cryptocurrency world!