Some "new features" of this round of bull market:

🌟Running ahead

Looking back at a 4-year cycle, the market is running ahead faster and faster. Everyone is waiting for 312, and then they reach a new high;

🌟No consensus

There is no consensus innovation recognized by both the East and the West. The consensus level of the BTC ecosystem is not as good as the previous round of DeFi, but it is already the most DeFi-like sector;

🌟Embrace meme

Since there is no consensus, don't pretend, embrace the air, embrace meme.

Where does the consensus come from?

🌟Pull the price

The reason for the price increase is the price increase;

🌟Narrative

There must always be a narrative that everyone can't understand, but is logically reasonable, so that most people believe that this flower can be passed on with the drumbeat.

The bull market has come to this point, and there is a pull, but the narrative is weak.

Whether it is the BTC ecosystem, DePin, AI, or meme, there is no narrative power that can fool most people like DeFi and ICO.