Why was the previous bull market so fierce? Why does the current bull market feel so-so?

First: There were fewer coins in the previous market, so people either bought this or that!

Second: The circulating market value of coins is not high. Ten times or a hundred times of 10 million! Ten times or a hundred times of 100 million are two completely different concepts!

Third: There were not so many tracks in the original bull market. Now the coin circle has pledge sectors, AI sectors, and re-staking. Or there is a meme, inscriptions, and runes! Aren’t they the same people who are speculating?

Fourth: The number of players in the market is still not large enough! The base is not large enough, and many people still don’t know what BTC and blockchain are!

Fifth: The current project parties are not as well-organized as before. Now they study how to cut leeks all day long, and never think about how to reach consensus, how to CX, and how to raise the price of coins!

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