Recently, many people have said that the bull market is over, but in fact, most people do not have their own trading logic. They just blindly chase the rise and fall, and their emotions are affected by the market.
I can tell you very clearly that the bull market is not over yet. From the current overall framework, everything is actually very clear.
Because the Bitcoin spot ETF has been applied for and passed, the tens of trillions of dollars of financial empires managed by institutions such as BlackRock have begun to inject funds into the currency circle, which will help Bitcoin break through the previous high before the halving.
The recent decrease in net inflows of institutions and the continuous net inflow breakthrough of Grayscale indicate that the market needs time to adjust the rise in the past six months. The economy has cyclical attributes, and the currency circle also has bull and bear cycles. Bitcoin has different positions in each round of bull market, but they also have common points, and these common points will not disappear.
For example, every time BTC is halved, it will go out of the crazy bull market about 10 months later. Combined with the current global macro situation, I personally think that at least the recent months will be volatile.
First, BTC will not experience an exceptional decline
Second, it is a BTC spot ETF. It is reasonable that ETH's growth rate is weaker than BTC. Even the king of the copycats cannot do it, and the disciples will not have a very eye-catching performance. This is the fact
Third, in the past, the copycats would enter a bear market after a crazy increase of ten or dozens of times, and the wash-out was severe, but currently 95% of the copycats do not have some unexpected increments, and there is no basis for a deep decline
Fourth, there is no inflow of off-market funds. After the new projects are listed on the secondary market, the market value will be hundreds of millions of dollars or tens of billions. The ending is doomed. Once the heat is over, it will only fall.
It is easy to make the right choice from a high point, which is why meme coins can rise. If the currency value is not good, then memes are the stimulants of the market.
The market is always right. When the suppressed emotions begin to erupt, when the Fed continues to cut interest rates, and when the trend reaches that step, what is coming will definitely happen.
In this process, many things will happen that will make you panic, lose faith, get lost, panic, etc., but if they don't defeat you, then victory will belong to you.
