The sluggishness of the past few months has left many investors disheartened, but now that the market is warming up, optimistic sentiments are rising again. However, please stay rational—true bull markets do not happen overnight.
Currently, this looks more like a technical rebound after a sharp decline. The market has high hopes for Trump's policies, but considering his fickle style, there are still uncertainties in the policy direction.
In this round of market, apart from BTC which has performed strongly due to favorable policies, most long-term holders of small-cap tokens are still in a loss position. The current market is mainly driven by positive news for BTC, while US dollar liquidity has not truly loosened, and BTC's market capitalization ratio has also reached a new high.
A real bull market requires two key factors: expansion of US dollar liquidity and expectations of interest rate cuts. Only when funds are abundant can the market experience a full-scale outbreak. Until then, being patient may be the best strategy.
