Recently, the cryptocurrency market has experienced some fluctuations, sparking quite a bit of discussion. Some believe that a rise of 20% to 30% from the low point is already a good performance. However, this view may stem from a lack of long-term market experience.



Let's take a close look at the current situation. The gains leaderboard of the exchange is surprisingly worse than during the lowest point of the bear market in 2022. Even though there was a strong sense of pessimism in the market at that time, there were still small coins with gains of over 20% active every day. However, now, among the top ten on the gains leaderboard, we see "minimal gains" of 1% and 2%, which is even colder than the previous bear market.

Looking back at the previous bull market, when the market reached similar price levels, a token that did not increase by at least 60% or 70% could not even enter the top ten. The competition on the leaderboard was fierce at that time, and a slight misstep could result in missing out on doubling opportunities. Yet now, some people believe that it has already increased quite a bit?

This phenomenon reflects the uniqueness of the market. Investors lacking bull market experience may mistake the current slight increase for significant growth. However, experienced investors understand that this level of increase falls far short of the true standards of a bull market.

We should not rush it. The current market conditions may just be a prelude to a bull market. The real frenzy has yet to begin; the scene where daily increases reach dozens of percentage points and the leaderboard is occupied by "surging coins" is the true prosperity of the encryption market.

By then, people will realize that the so-called 1% and 2% increases are simply not worth mentioning. The bull market has not disappeared; it just has not truly started yet. Only those investors who can patiently wait will have the chance to reap substantial rewards in the future market.

It is worth noting that the market is always filled with uncertainty. Investors should act cautiously, manage risks appropriately, and avoid blindly chasing price increases or decreases. At the same time, continuously monitoring market trends, including the performance of major cryptocurrencies such as Bitcoin and Ethereum, as well as changes in the overall economic environment, such as the Federal Reserve's monetary policy, are all important reference factors for investment decisions.
BTC-0.25%
ETH2.87%
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