狂人
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The characteristics of this round of bull market compared to the one in 2021 are:
1. The consolidation period is shorter, with a 5-month return to the peak in 2021 and a 4-month return in 2025.
2. The return to the peak is more straightforward, followed by fluctuations at high levels.
3. Changes in stablecoins bring more off-market capital to the market.
In summary, the current demand at the peak is stronger than in the last bull market. Although the upward trend may end at any time due to low liquidity, a new height is expected. As for how high, we will see the supply situation after the new high. Perhaps the selling pressure is not as great as we imagine; everyone is becoming a holder, aren't they?
1. The consolidation period is shorter, with a 5-month return to the peak in 2021 and a 4-month return in 2025.
2. The return to the peak is more straightforward, followed by fluctuations at high levels.
3. Changes in stablecoins bring more off-market capital to the market.
In summary, the current demand at the peak is stronger than in the last bull market. Although the upward trend may end at any time due to low liquidity, a new height is expected. As for how high, we will see the supply situation after the new high. Perhaps the selling pressure is not as great as we imagine; everyone is becoming a holder, aren't they?
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