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

First: There were few BTCs in the previous market, and people either bought this or that!

Second: The circulating market value of BTCs is not high. Ten million can be raised tenfold or a hundredfold! It is completely different from raising one hundred million tenfold or a hundredfold!

Third: There were not so many tracks in the original bull market. The current currency circle has pledged sectors, AI sectors, and re-staking. Or there is a meme, and then there is speculation on inscriptions and runes! Aren’t they still the same group of 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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