How is this bull market going? Let me briefly summarize it for you. First, it is rising slowly, and it has not shown the money-making effect of the previous bull market. Second, the liquidity is poor. Most of the high-market-value altcoins except BTC have not reached new highs. Third, there is a lack of traffic, and the attention on social media is much lower than in the previous bull market. Next, let's talk about why we came to this conclusion?

Is this bull market rising slower than the previous bull market? Judging whether this bull market is rising fast or slow is a technical issue. For price increases, it is not just about the speed of its changes, but its sustainability. For example, suppose a bull market takes a year to complete. So if this bull market fluctuates at a low level in the first 11 months of this year, but rises by 300% in the last month, and then peaks and enters a bear market, would you call this a bull market? Although the last month rose very fast, this market does not represent a continuous demand in the market. It can only be regarded as a main operator, which is more common in the market of small-cap altcoins. This bull market has only one purpose, which is to increase shipments. So for BTC, the bull market we need to see is a long-term process with long-term sustainability, continuous buying, and rising prices. This structure corresponds to the long-term strong demand, indicating that people are buying and holding for the long term. According to the data, this round of bull market is indeed rising slowly.

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