Under what conditions can a bull market exist? There may be many answers to this question! But the core of the real bull market premise lies in change and retail investor participation!
Some people may think that the BTC halving every four years will be a bull market, or that it is easy to start a bull market with every global monetary easing policy! But I think that’s only part of it! Here’s why!
1. Halving every 4 years only reduces inflation! Instead of deflation, it just digs out slower!
2. Under the monetary easing policy, assets such as BTC are not the main market to undertake funds. The traditional financial market is more capable of undertaking, and the currency circle only absorbs a small part of the overflow funds.
Why is change and retail investor participation the core of the start of a bull market?
1. Every bull market in the currency circle has a new narrative, such as the emergence of smart contracts, the emergence of defi, the popularity of NFT and memes, etc. These changes carry the dream of everyone in the currency circle, and also lead to wealth effects!
2. Retail investor participation: I think this is the most important! The start-up of the bull market must radiate to the entire currency circle, and this kind of participation must spread to a large number of people, such as more than 15%. And this kind of gameplay should last for at least 3 months! Then it is relatively easy to start a bull market! The core is: retail investors’ participation must be high
Take a look at the present! I think this year’s inscription track has such conditions. Whether it is brc20 or other public chain inscriptions, many retail investors can directly participate in mint. and build communities. This is the embodiment of participation. Representatives include: ordi sats rats eths etc.!
Although the Inscription track has been sluggish recently, we can imagine that subsequent supporting solutions, infrastructure, and attached ecology based on Inscription will flourish! Public chain inscription competition may become the main battlefield in this bull market! For example, the FTM public chain inscription faucet FANS will perform very well! The future market value is also immeasurable! Based on the market value calculation of 10% of the leading effect, the market value space of FANS Inscription should be more than 100×! The same goes for other public chain inscriptions! Be sure to choose a good community, this is the key!
