龙门谈币
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Some commenters say the bull market is here, let's go, go, go. BTC will definitely rise above 21,000.
To be honest, today's market, strictly speaking, does not count as a bull market.
Why? It's simple: a real bull market has several typical characteristics:
Mainstream coins show a clear upward trend over a long period, for example, BTC and ETH have consecutive weeks or months of bullish candles, and any pullbacks can quickly rebound, indicating that market funds are obviously coming in.
Trading volume continues to expand; it's not just the K-line rising, the trading volume must continue to increase as well,
which shows that there are indeed large funds lifting the market, rather than small investors cutting each other’s positions.
Mainstream coins lead the way up, altcoins follow; during a bull market phase, BTC rises, then ETH rises, followed by SOL, OP, MATIC, LINK, and then a bunch of obscure altcoins start to go crazy.
Market sentiment is extremely optimistic, with various KOLs starting to shout: "The bull market is here," "Buying the dip means profit," "Ten thousand times the god coin," etc. Retail investors start to chase the rally, and FOMO sentiment explodes.
However, today's market characteristics: BTC and ETH have rebounded, but have not yet broken through key major resistance levels.
Trading volume has increased, but not persistently, and altcoins generally have weak rebounds, indicating that funds are still on the sidelines, not fully activated.
Overall, it still leans towards consolidation, more like a "sharp rebound during a downtrend."
Today's wave can at most be considered a "local short-term rebound" and cannot be called a bull market yet.
Has the bull market really started? Is it here or not? When will it come?
It depends on whether BTC can break through key long-term resistance, such as a strong bullish daily or weekly candle with increased volume.
Practical advice: Don't think of yourself as a "money-making machine in a bull market" just yet, you still need to stay clear-headed:
Short-term experts can follow the rhythm for rebounds, strictly stop-loss, and those with mid to long-term positions should wait for clearer breakout signals before heavily investing, don’t chase high in a consolidating rebound.
Last sentence:
"Mistaking a rebound for a bull market is the first step for retail investors to lose money." In this market, you can act but remember: short-term, light positions, quick in and out.
To be honest, today's market, strictly speaking, does not count as a bull market.
Why? It's simple: a real bull market has several typical characteristics:
Mainstream coins show a clear upward trend over a long period, for example, BTC and ETH have consecutive weeks or months of bullish candles, and any pullbacks can quickly rebound, indicating that market funds are obviously coming in.
Trading volume continues to expand; it's not just the K-line rising, the trading volume must continue to increase as well,
which shows that there are indeed large funds lifting the market, rather than small investors cutting each other’s positions.
Mainstream coins lead the way up, altcoins follow; during a bull market phase, BTC rises, then ETH rises, followed by SOL, OP, MATIC, LINK, and then a bunch of obscure altcoins start to go crazy.
Market sentiment is extremely optimistic, with various KOLs starting to shout: "The bull market is here," "Buying the dip means profit," "Ten thousand times the god coin," etc. Retail investors start to chase the rally, and FOMO sentiment explodes.
However, today's market characteristics: BTC and ETH have rebounded, but have not yet broken through key major resistance levels.
Trading volume has increased, but not persistently, and altcoins generally have weak rebounds, indicating that funds are still on the sidelines, not fully activated.
Overall, it still leans towards consolidation, more like a "sharp rebound during a downtrend."
Today's wave can at most be considered a "local short-term rebound" and cannot be called a bull market yet.
Has the bull market really started? Is it here or not? When will it come?
It depends on whether BTC can break through key long-term resistance, such as a strong bullish daily or weekly candle with increased volume.
Practical advice: Don't think of yourself as a "money-making machine in a bull market" just yet, you still need to stay clear-headed:
Short-term experts can follow the rhythm for rebounds, strictly stop-loss, and those with mid to long-term positions should wait for clearer breakout signals before heavily investing, don’t chase high in a consolidating rebound.
Last sentence:
"Mistaking a rebound for a bull market is the first step for retail investors to lose money." In this market, you can act but remember: short-term, light positions, quick in and out.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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