Is the bull market approaching a turning point? Two industry leaders warn of bull tail risks

Is the current crypto market cycle nearing its peak? Legendary trader 'Dove' Eugene and the new generation force - post-00s founder of Formula News Vida have recently expressed similar views, suggesting that the current market has entered the bull tail stage.

They analyze that the main driving force of this market cycle comes from the entry of various financial funds and the continuous layout of institutions such as MicroStrategy. At the same time, marginal buyers who previously held a wait-and-see attitude have also begun to enter the market, allocating mainstream cryptocurrencies such as Bitcoin and Ethereum.

Based on the above judgment, both industry insiders suggest that investors may consider gradually reducing their positions in the next phase, with the core strategy at this stage being to protect the principal and control risks. $BTC #加密概念美股普涨