This bull market is different

Many people should feel that this bull market is significantly different from the previous one, mainly manifested in:

The wealth effect is insufficient, there is no general rise in the last round, the choice of the target is very important, if you are not careful, you will lose money, most of the currencies can't outperform BTC

The trend of value coins is often not as good as Memecoin, and the trend of many value coins listed on the stock exchange is falling all the way

The sector is seriously divided, funds only circulate within their own ecosystem, and the rotation is not smooth, giving the market the feeling that there is no synergy

The airdrop industry has become very competitive due to the development of scripting and clustering, and many impacts have been generated

The narrative led by BTC is not as "fast and rough" as the previous narrative, and it is relatively cold and lonely. At the same time, DEFI does not seem to be favored in the BTC narrative

Although Web3 games received huge financing in the last round, they did not produce explosive products