宁凡
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What constitutes a bull market? This year, the overall market liquidity is extremely poor, and Bitcoin is still rising; only Bitcoin is rising. This is a bear market where liquidity has shrunk drastically. If Bitcoin were at 30,000 now, everyone would understand. But now Bitcoin is at 95,000, and some people are confused.
Of course, some say that altcoins are in a bear market because they're junk that no one wants to buy. To be honest, when there is liquidity, junk can also be treasure; without liquidity, treasures can become junk. Money will find assets on its own; when there is a flood of money, the market is insane. Therefore, a true bull market will have to wait until Powell compromises and releases liquidity.
One day, when a friend tells you to open Binance and scroll down with your eyes closed, buying whatever you land on, that will be real madness.
In the last bull market, there were countless tokens worth over a billion dollars, so many large projects had first-round valuations exceeding one billion. Now, altcoins are so weak that many assets that have survived two or three cycles are at historical lows. Many coins that were released during the last liquidity surge have dropped by over 95%, and Ethereum has also plummeted significantly. Everyone is losing. Now, a meme coin worth several hundred million is considered a big deal, and the valuations of new projects on Binance have shrunk to one-tenth of what they were. Previously, any project had a valuation of hundreds of millions; now having tens of millions is already impressive.
I hope my brothers can get rich in the crypto world soon, whether it's a bull or bear market. Both longs and shorts can make money. Everyone has their own trading insights and methods. Thanks to BIYAPAY for their support. If my brothers make money in the crypto space but worry about the security of cashing out to USDT, they can choose Biyapay, to navigate safely amidst the sharp edge of card cutting actions, rejecting all limits, non-counter, freezing, and stopping payments. Safety guaranteed; everyone can pay more attention to the official Twitter.
Truly good projects can withstand the test of time. #biyapay
Of course, some say that altcoins are in a bear market because they're junk that no one wants to buy. To be honest, when there is liquidity, junk can also be treasure; without liquidity, treasures can become junk. Money will find assets on its own; when there is a flood of money, the market is insane. Therefore, a true bull market will have to wait until Powell compromises and releases liquidity.
One day, when a friend tells you to open Binance and scroll down with your eyes closed, buying whatever you land on, that will be real madness.
In the last bull market, there were countless tokens worth over a billion dollars, so many large projects had first-round valuations exceeding one billion. Now, altcoins are so weak that many assets that have survived two or three cycles are at historical lows. Many coins that were released during the last liquidity surge have dropped by over 95%, and Ethereum has also plummeted significantly. Everyone is losing. Now, a meme coin worth several hundred million is considered a big deal, and the valuations of new projects on Binance have shrunk to one-tenth of what they were. Previously, any project had a valuation of hundreds of millions; now having tens of millions is already impressive.
I hope my brothers can get rich in the crypto world soon, whether it's a bull or bear market. Both longs and shorts can make money. Everyone has their own trading insights and methods. Thanks to BIYAPAY for their support. If my brothers make money in the crypto space but worry about the security of cashing out to USDT, they can choose Biyapay, to navigate safely amidst the sharp edge of card cutting actions, rejecting all limits, non-counter, freezing, and stopping payments. Safety guaranteed; everyone can pay more attention to the official Twitter.
Truly good projects can withstand the test of time. #biyapay
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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