The bull market cannot be judged by the simple cycles of the past, but rather -

Are there any new ways of playing that can support more funds to participate?

Are there any new models that can reduce negative-sum games that can further develop the industry?

A bull market without a wealth-creating effect and a bumper harvest is a pseudo-bull market.

Poverty breeds evil schemes, and wealth breeds conscience.

The project parties are poor, the VCs are poor, the institutions are poor, and the exchanges are poor. They are just more capable of controlling funds than the leeks, and you can actually be freer. (It is also recommended that the comments of the organizers be more rational).

Waiting for the emergence of a reform-level way of playing, all institutions and KOLs will flock to it, spontaneously climax, and everyone is drunk.

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