▎One sentence description
Explore the conditions for starting a new bull market, including new asset types, Bitcoin halving, new capital entry, chip turnover and blockchain technology support.
1. The emergence of new asset types and coin issuance methods is one of the conditions for opening a new bull market, such as DeFi, NFT and GameFi.
2. The impact of Bitcoin halving on the market is gradually decreasing, but it is still one of the important conditions for starting a new bull market.
3. The entry of new funds is one of the necessary conditions for starting a new bull market. After the entry of institutions, it is expected to drive the market value of trillions of US dollars.
4. Sufficient turnover of chips is one of the necessary conditions for starting a new bull market, allowing those who are unwilling to hold coins to continue to get off the bus, and allowing those who have reasons to hold for a long time to continue to get on the bus.
5. Blockchain technology and performance support are one of the necessary conditions for starting a new bull market. Ethereum’s Layer 2 network has already made Ethereum commercially viable, and it is only one step away from an ecological explosion.
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