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I flipped through the monthly chart of $BTC and found that previous rounds of bull markets had some patterns:
They rose for 4 months, 6 months, and 7 months respectively.
This year's round started counting from April, and it is now the 5th month.
If this pace continues, there may still be 2-3 months of sprinting ahead,
which means that November will be the peak of this wave. Additionally, with #ETF funds, on-chain activity, and various macro benefits...
According to the current pace, it has not ended yet.
They rose for 4 months, 6 months, and 7 months respectively.
This year's round started counting from April, and it is now the 5th month.
If this pace continues, there may still be 2-3 months of sprinting ahead,
which means that November will be the peak of this wave. Additionally, with #ETF funds, on-chain activity, and various macro benefits...
According to the current pace, it has not ended yet.
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$Linea is expected to achieve decentralization through the Lumen token, which will be used for staking, governance, and gas fee payments. The community will be able to vote on protocol upgrades and parameter changes. Although the specific release date is unknown, it is anticipated that after the token issuance, participation and innovation in the Linea ecosystem will significantly increase.
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DeFi heats up $UNI The collaboration between the foundation and Coinbase Base DEX is like adding fuel to the fire. UNI is not only a toy for short-term traders but also a target for long-term value investment. The price has risen over 15% in the past 7 days, indicating that Layer2 and cross-chain are the future.
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The price trends of $BTC and $ETH have clearly decoupled. BTC has already broken through the $73,000 mark, attracting a lot of attention and funds, mainly due to the market's increasing expectations for Bitcoin ETFs, coupled with Bitcoin's position as 'digital gold' becoming more and more solidified. Although ETH has also risen, its performance is clearly not as strong as BTC, because it relies more on ecological development, such as the DeFi and NFT sectors, but these markets haven't had any major breakthroughs recently. In simple terms, BTC is sprinting in a 100-meter dash, while ETH is still running a marathon, so it’s not surprising that it can't keep up with the short-term pace. This bull market $SOL may play an important role.
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If the news that the ETF has been reviewed just now is true, then $BTC may have already reached 3w5.
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If the SEC delays the Bitcoin ETF approval decision again. This could affect Bitcoin prices. #BTC #SEC #ETF
Delaying a decision is only a matter of time. Bitcoin ETF will eventually be approved, but more patience will be needed.
The approval of a Bitcoin ETF will allow more traditional investors to enter the cryptocurrency market.
Delaying the decision does not change Bitcoin’s fundamental value. Technology and adoption will dominate the market in the long term.
Delaying a decision is only a matter of time. Bitcoin ETF will eventually be approved, but more patience will be needed.
The approval of a Bitcoin ETF will allow more traditional investors to enter the cryptocurrency market.
Delaying the decision does not change Bitcoin’s fundamental value. Technology and adoption will dominate the market in the long term.
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