You only know that Li Xiaolai was once the richest man in the Bitcoin circle, but you don't know that he spent 2,100 BTC at an average price of $6 that year, and then the market suddenly cooled down, the price plummeted to less than $1, and his assets shrank by 97% in an instant.

You only saw Zhao Changpeng's glory on the Forbes Rich List, but you have never heard that he resolutely sold his Shanghai property in 2014 and invested all his warehouses in BTC, but then the market was sluggish, which made him regret it for a while.

Zhao Dong, the big boss of OTC trading, you may know his reputation, but do you know that in 2013 he spent millions to buy 2,000 BTC, and his assets once exceeded 100 million. However, in 2014, the futures market exploded three times, with a total loss of up to 1.5 billion, and he was heavily in debt. What kind of collapse and struggle did he experience before he finally ushered in the dawn.

In this ever-changing cryptocurrency circle, you have to understand:

When the market falls, there is no bottom to explore. When it soars, there is no limit. If you can't bear the fear of millions turning into 100,000, how can you enjoy the joy of millions turning into 1 billion?

Now, people are speculating about what form the big bull market will take?

Looking back at history, after the 94 incident in 2017, the market ushered in a violent bull market; after the 312 liquidity crisis in 2020, the bull market started again; on 512 in 2021, Bitcoin was cut in half, but the bull market continued; in 2022, the market experienced five consecutive kills by retail investors, project parties, miners, institutions, and exchanges. After the bottom was consolidated, the bull market arrived as expected in conjunction with the Fed's interest rate cut.

A big rise in four years seems to have become the iron law of Bitcoin. What is the reason behind it?

That's right, it's halving. The output volume decreases every year, and the cost of mining coins for miners increases sharply. The market pulls the market to relieve the pressure on miners and attract retail investors to enter the market.

The bull market always comes quietly without notice. When you are still hesitating and wandering, the bull has quietly climbed halfway up the mountain. You want to wait for it to turn around and eat grass before getting on the bus, but it is full of energy and keeps going forward. When you finally can't resist the impulse to enter the market, it seems tired and needs a rest.

The arrival of a bull market is often when the market is sluggish and people are distracted. When most people feel that there is no place to stay in the market, and the daily fluctuation is only a few points, making people drowsy, the bull market is quietly brewing.

The birth of a bull market is inseparable from the improvement of the overall environment and the influx of funds.When there is sufficient capital in the market and smart money starts to flow in, the bull market will quietly start. When most people feel desperate and think that there is nothing to love in the market, the bull market is ready to go.

The emergence of the bull market is the result of the combined effect of internal and external factors. The external factor is that the market has sufficient capital and is looking for the direction with the least resistance and the greatest trend. When more and more funds pour into this track, the bull market will officially start.

So, what is the least resistance and the greatest trend? For example, if the capital is loose, will there be a lot of funds pouring into the real estate market like in the past five or ten years? The answer is obviously no. Because this market has great resistance and does not conform to the trend. Only by following the trend can you get twice the result with half the effort.

If you feel helpless, confused, and can't see the direction in trading, you can come to my village and nod your head to be a real player.

Next, let me talk about some common characteristics of the bull market in the currency circle:

1. Bitcoin and Ethereum both broke through the historical highs of the previous bull market, which marks the official start of the big bull market.

2. The daily K-line prices of Bitcoin and Ethereum deviate from the 60-day moving average by more than 30%, and the 60-day moving average continues to rise. This means that investors who entered the market in various time periods have made profits.

3. The 30-day, 60-day, 120-day, and 200-day moving averages are dispersed, indicating that the chips have begun to be dispersed and distributed, and the market has a significant money-making effect.

4. The exchange activities are frequent, and the project parties take advantage of the opportunity to issue new projects and seek to sell at high prices.

5. The circle of friends and group chats are full of myths of showing off income and getting rich overnight. Investors are in high spirits and eager to get rich overnight.

6. The market value of Bitcoin has dropped to about 30%, the market value of altcoins has soared, and market risks have gradually accumulated.

7. The trading volume and turnover rate are extremely high, and the market is active.

8. The Ethereum Foundation began to sell currencies frequently, and its wallet assets have gradually flowed into exchanges.

9. Good news from the market continues to come out, and stories emerge in an endless stream, each of which is unique.

The market is about to usher in a frenzy: time is running out, and the currency market will be violent in the next two years. If you like spot and are good at hoarding in the bull market, please seize the opportunity and welcome the arrival of the bull market together

If you are interested in spot investment, welcome to follow my public account: (Breeze blowing over a lake), I will share information about currencies suitable for bottom-fishing from time to time, and go to the bull market with you and reap a lot!