This round of the bull market is quite peculiar.
Firstly, $BTC and $ETH have skyrocketed without any hesitation, basically without any pullbacks, which has left many people missing out.
Secondly, it is the previously dormant Ethereum series altcoins that have suddenly surged, catching everyone off guard, and then they dropped straight down.
Many of the coins that people were optimistic about barely moved, especially some of the mene coins that were hot in the first half of the bull market.
There are very few people who are really on the ride this time.
Or rather, it is precisely because there are so few people on the ride that the manipulators can perform their antics so brazenly.
Looking back at the waves of this bull market, you will notice a clear change in rhythm.
In the ancient times, without leverage, BTC generally saw a sustained rise.
Later, with the introduction of leveraged contracts, manipulators could profit from both pumping and dumping, and their tactics turned into mindless spike injections.
Now, as the market size has grown, especially with the rise of quantitative grids, manipulators have adopted a straightforward approach of either pushing BTC up or down; consolidation means reversal, and trading means getting off the ride.
Even less friendly is the altcoin market.
Yes, every round of altcoins has had myths of dozens of times returns, but in 2017, everyone generally soared, while in 2021, about half flew, and this time, less than 5% have taken off. The difficulty of selecting the right coins has increased exponentially, and if you make the wrong choice, you might miss out entirely.
This is also the reason I've previously mentioned, that the dividends are gradually fading away.
You must constantly observe the market, follow the market, and change your thinking and strategies to get a share of the pie.
As ETF funds further penetrate the market, this trend is irreversible.
Cherish this round of the bull market.