Why do we think this is the last bull market in the cryptocurrency world? What are the prospects for BTC and ETH?

币世界老魏 · 2023-10-07T11:50:25.000Z

Recently, there has been an emphasis on the possible last round of bull market in the currency circle. This statement may be confusing, so it is necessary to further explain what the "last round of bull market" means. This does not mean that the currency circle will cease to exist, or that there will no longer be bull markets in the future. On the contrary, it means that the market may undergo a transformation from the previous high volatility and rapid rise and fall to a more stable and mature stage. This process will likely be accompanied by more regulation, wider adoption and more stable price performance, providing investors with more reliable opportunities. Therefore, there are still opportunities in the future of the currency circle, but the market environment may be different from the past. First, we need to understand the symbol of a bull market and the definition of a bull market, and then we can explore the situation of a bull market. The bull market in 2020 was driven by the DeFi (decentralized finance) field. It has attracted more investors who have no knowledge of the cryptocurrency field, because many hundred-fold, thousand-fold or even ten-thousand-fold increases have emerged in this market, inspiring people's dreams of getting rich. Especially in these difficult economic times, this temptation has become even more deadly. However, whether it is a bull market or a bear market, very few people can actually make money. Successful examples are very limited because bull markets are usually reserved for those who are well prepared. You cannot wait until the bull market comes or ends before chasing it. This is like shouting "the bull market has started" when the market rises, and then following the trend, or when a certain hot spot appears and sees the crypto assets in this field skyrocketing, and then pursues the trend. Trading without a stop loss is an investment behavior known as "leeks". Many people also tend to be unable to control their emotions. When the market corrects or falls, they sell off their assets at the lowest point. This is a common phenomenon in the cryptocurrency market. Many people are not prepared before the bull market and will only slowly become aware of it when it comes. But is there still an opportunity then? The DeFi craze in 2020 fueled a bull run across the cryptocurrency market. The NFT wave in 2021 has driven the bull market tail of the market. By 2023, due to the collapse of the early DeFi bubble and the collapse of the NFT market, the market entered a bear market.Since then, various news events, such as the Luna incident and the Ethereum anchoring incident, have been used as a way to digest the bubble, which can also be understood as a way to cut leeks. Many people believe that the cryptocurrency market has no real value. But what exactly are Bitcoin and Ethereum worth? In fact, they themselves do not have much value. It is more that the market can bring profits to investors before they are considered valuable. However, this market is often described as a "leek" market, where investors are tricked and the bookmaker becomes the biggest winner. Many news and information sources, as well as financial instruments, are actually paid for by leeks, but this is not always discussed openly because some things cannot be said explicitly. Currently, many people in the market are discussing the start of a bull market or the continuation of a bear market. First, we need to understand what drives a bull market. Last year, some thought fan tokens might fuel a bull run, but ultimately it proved to be just a hot spot and didn’t move the entire market as expected. This year, some people once again believe that AI intelligence can drive the bull market, but this is just a hot spot and has not really changed the market situation. The current market is in a sluggish state, and the hot spots are only temporary. They have not triggered a comprehensive market rotation, nor have they attracted large-scale entry of external retail investors. The start of a bull market requires a new market story and an influx of new funds, which will cause the market to heat up quickly. However, most people remain cautious, which has led to market malaise. To drive the bull market, we need a new story, such as Web 3.0, but actual implementation may take time. The current market is mainly driven by internal funds rather than a large-scale influx of retail investors. Therefore, I think the current market can be seen as one in which major assets such as Bitcoin and Ethereum will rise more than most altcoins, but the real 10,000-coin rally has yet to come. A bull market is when thousands of coins take off at the same time, not just Bitcoin and Ethereum. So while the current market can be considered part of a bull market, a broader rally remains to be seen. This depends on personal choice, whether you can seize the opportunity or prepare in advance, which also requires the right vision and choice.Hope the above content can be helpful to you. #一起来跟单 #美联储是否加息？ #带你看看币安Launchpad $BTC $ETH $BNB

The recent emphasis on the potential last bull run in the cryptocurrency market may be confusing, so further explanation is needed on what this term means. This does not mean that the cryptocurrency market will cease to exist, or that there will be no more bull runs in the future. Instead, it means that the market may undergo a transformation, moving from the previous high volatility and rapid ups and downs to a more stable and mature stage. This process may be accompanied by more regulation, wider adoption, and more stable price performance, providing investors with more reliable opportunities. Therefore, there are still opportunities in the future of the cryptocurrency market, but they may be different from the market environment in the past.
First, we need to understand the symbols of a bull market and the definition of a bull market, and then we can discuss the circumstances of a bull market.
The bull market in 2020 was driven by the DeFi (decentralized finance) sector. It attracted more investors who had no knowledge of the cryptocurrency sector, because many hundreds, thousands, or even tens of thousands of times of gains emerged in this market, inspiring people's dreams of getting rich quickly. Especially in the current economic difficulties, this temptation has become more deadly.
However, whether it is a bull market or a bear market, there are very few people who can really make money. Successful examples are very limited because bull markets are usually reserved for those who are well prepared. You can't wait until the bull market comes or ends before chasing it. This is like shouting "bull market starts" when the market is rising, and then following the trend, or when a hot spot appears, you see the crypto assets in the field soaring, and enter the market without setting a stop loss. These are all investment behaviors called "leeks".
Many people also tend to be unable to control their emotions. When the market pulls back or falls, they sell their assets at the lowest point. This is a common phenomenon in the cryptocurrency market. Many people are not prepared before the bull market, and will only slowly realize it when the bull market comes, but will there still be a chance at that time?
The DeFi craze in 2020 has driven a bull run in the entire cryptocurrency market.
The NFT craze in 2021 drove the bull market tail.
By 2023, due to the collapse of the previous DeFi bubble and the collapse of the NFT market, the market has entered a bear market. Since then, various news events, such as the Luna incident and the Ethereum anchoring incident, have been used as a way to digest the bubble, which can also be understood as a way to cut leeks.
Many people believe that the cryptocurrency market has no real value. But what exactly is the value of Bitcoin and Ethereum? In reality, they don’t have much value in themselves, but rather the market’s ability to bring profits to investors is considered valuable. However, this market is often described as a “leek” market, where investors are tricked and the banker becomes the biggest winner. Many news and information sources, as well as financial instruments, are actually paid for by the leeks, but this is not always discussed openly because some things cannot be said openly.
At present, there are many people in the market discussing the launch of the bull market or the continuation of the bear market. First of all, we need to understand what can drive the bull market. Last year, some people believed that fan tokens might drive the bull market, but in the end it proved to be just a hot spot and did not drive the entire market as expected. This year, some people again believe that AI intelligence can drive the bull market, but this is also just a hot spot and has not really changed the market situation. The current market is in a downturn, and the hot spot is only temporary. It has not triggered a comprehensive market rotation, nor has it attracted large-scale entry of external retail investors. The launch of the bull market requires a new market story and the influx of new funds, which will cause the market to heat up quickly.
However, most people remain cautious, which has led to the market's malaise. To drive the bull market, we need a new story, such as Web3.0, but the actual implementation may take time. The current market is mainly driven by internal funds, rather than a large-scale influx of retail investors. Therefore, I think the current market can be seen as the rise of major assets such as Bitcoin and Ethereum will exceed the market of most altcoins, but the real rise of 10,000 coins has not yet arrived. A bull market means that 10,000 coins take off at the same time, not just Bitcoin and Ethereum. Therefore, while the current market can be seen as part of a bull market, a broader rise is still to be seen. This depends on personal choice, whether you can seize the opportunity or prepare in advance, which also requires the right vision and choice.
I hope the above content can help you.#一起来跟单 #美联储是否加息？ #带你看看币安Launchpad $BTC $ETH $BNB 