The phone screen still flickers late at night, and the eighth friend sent the same question: 'Has the bull market ended?' My answer remains the same: 'If the bull market really ended, you wouldn't even have the chance to ask this question.'
After experiencing two complete market cycles, I deeply realized: a bull market is never a straight line upwards, but a tortuous journey of 'taking two steps forward and one step back.' As long as the following five key signals still exist, the market is far from reaching its end.
Five key signals support the continuation of the bull market
The liquidity gate is about to reopen
The prolonged quantitative tightening policy is about to come to an end, and the market will shift from 'capital withdrawal' to 'liquidity injection.' For crypto assets, liquidity is the source of life. When funds begin to flow again, the market will gain the most fundamental support.
Elimination of regulatory uncertainty
Significant regulatory events have followed one after another, and the policy risks facing the industry have dropped to historic lows. A clear rule framework allows hesitant funds to enter the market, which is the institutional cornerstone for the continuation of the bull market—only when the shadow of regulation dissipates will funds feel at ease to allocate.
The interest rate cut window is gradually approaching
The next Federal Reserve meeting is very likely to release dovish signals. As traditional financial market yields decline, the high return characteristics of crypto assets will demonstrate strong attractiveness. Capital is always looking for higher yield destinations; this is an unchanging law.
Decreased attractiveness of safe-haven assets
The weak prices of traditional safe-haven assets like gold indicate a change in market risk appetite. Funds are beginning to flow out of 'safe havens' and gradually shifting towards high-growth areas like the crypto market, which is an important sign of a positive shift in market sentiment.
Institutional funds are quietly positioning
The open interest in bullish options for mainstream cryptocurrencies has significantly increased, and professional investors are deploying real capital. The actual actions of institutions are more valuable as a reference than any technical indicators; their continued accumulation is the strongest bullish signal.
Core advice for investors
Focus on leading assets like Bitcoin and Ethereum, and stay away from high-risk small-cap tokens
Strictly differentiate between investment and life, and never use living reserves for investment
Plan position size in advance, set clear stop-loss discipline
Every pullback in a bull market is a test of investors' patience. True returns always belong to those who can see through short-term fluctuations and grasp long-term trends.
In this opportunity-filled market, those who can survive and achieve profits are always the investors who remain rational when others are fearful and act decisively when opportunities arise. When five key signals remain lit, what you need to do is not doubt, but prepare.
The market never disappoints prepared minds. While most people are still anxious about short-term fluctuations, smart capital has already begun to position for the next phase.@方舟掘金
