The rise of assets is driven by sentiment + capital

Sentiment

Various fallacies have been eliminated by the market one by one

VCs, market makers, project parties... all like rats crossing the street

Capital

Large holders are lying flat with BTC and U

Medium holders with 1 million can take out 50,000 and consider it a big picture

Small holders owe debts to Jack Ma, Liu Qiangdong... a mountain of debt

Here in the U.S., they are also quickly approaching 'collective immunity' to Trump

The overall market atmosphere has actually reached a freezing point

In the last cycle, at least everyone still believed in the blockchain revolution

The most obvious difference this round is

Everyone has already lost hope $BTC