Bull market precursor? : The influx of newbies and the return of old leeks. Where to make money?
As BTC broke through its previous high, the callback triggered officially bid farewell to the early stage of the bull market and began to move towards the second stage of the big bull market. This is also true in the true sense:
The time period during which retail investors enter the market in large quantities is mainly based on the following points.
The continuous explosion of new coins has brought about wealth effects, and the outside world's attention has shifted from BTC to altcoins.
The trading volume of the market is increasing, and the registration volume of many exchanges is increasing significantly.
The revival of old users, those who entered the previous bull market, temporarily left for various reasons, but as the market situation increased, they all returned one after another.
The market has begun to circulate a lot of predictions about the subsequent currency market. The above four points can be said to be a way to roughly judge the trend of the bull market. They may not be of much value to newcomers.
But for real trend trading: it is very important because these bases directly affect the chips in hand: whether to continue to hold it or whether to prepare for a position change.
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