The current bull market has reached a critical point. Market sentiment has begun to diverge, and more and more people are beginning to doubt whether the bull market has ended.
The market always bottoms out and rebounds when it is most pessimistic. You may think that this is the pattern of a bull market, and I had foreseen today's situation before making a trading decision.
In the crypto market, holding coins is more difficult than being a widow. I believe many people now have a deep understanding of this.
Recently, Ethereum founder Vitalik Buterin has been speaking out frequently, but the market's feedback is the opposite. What is the reason behind this?
Judging from the decline in the market last night, the amount of Ethereum liquidation even exceeded that of Bitcoin. Does this mean that the market is no longer optimistic about the prospects of Ethereum?
In addition, Bitcoin's spot ETF continued to see inflows, while Ethereum's spot ETF showed outflows, which also aroused market concerns.
Some people believe that Ethereum will no longer dominate this bull market, and some even say that Solana (SOL) may replace Ethereum.
I have made a detailed analysis of Solana’s value in my previous article, so I will not repeat it here.
The market is always against human nature. The less optimistic you are about an asset, the greater the shock it will bring when it rebounds. Only you can deeply understand this feeling.
This bull run is crucial for the crypto community as it marks a turning point.
From the wild growth of the crypto to its gradual move towards legality, compliance, specialization and maturity, the market has also developed from speculation and gambling to practical applications and value realization.
The ecological applications of Ethereum and its L2 network are gradually being implemented, truly reflecting its value. This round of bull market is likely to lead the development direction of the industry.
Value is not only reflected in the current price level, but also in the future prospects. Prices will fluctuate around value. Don't be confused by short-term price fluctuations, because this situation may cause you to miss greater opportunities.
Many veteran investors still hold on to the mindset of "all coins rising together" in previous bull markets, which may lead to disappointment in the current bull market.
To succeed in this circle, one must constantly improve one's professional abilities and have a clear understanding of value investing.
If you want to wear the crown, you must bear its weight. Those who can endure will stand out, and those who can't endure need to be decisively eliminated!
Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.
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