The bull market is here?Bitcoin is very hot, I’m cold, very cold

Author: Climber, Bitchain Vision Realm

On February 28, Bitcoin rose to $ 64,000, which was only one step away from the historical highest point of 69,000 US dollars in November 2021.

This wave of market is quite rapid. Since September last year, the price of BTC has risen all the way from nearly $ 25,000, and the BTC increased by 176%in six months.

When almost everyone was shouting the hiring currency circle bull market and no longer set up, a cruel fact was that only 7 tokes with 1,170 currency Binance broke through the previous high of the previous round bull market.The proportion is only 0.598%!

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In theory, if investors buy the highest point at the Shangbo bull market, the number of people who have not yet been solved account for 99.402%!

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After sorting out the Binance platform 1170 currency, I only found 7 in the front height of the previous round of bull market. If strictly calculated, TWT must be removed, because TWT surpassed it in December 2022, and the current currency price is relatively high.Falling 57.14%.

From the figure above, we can see that the currency of the previous height is generally not much increased from the previous high. Even TRB, which has a 283.53%increase, is because there is a trader behind it.Therefore, in theory, investors holding the above currency but buying the top high can be described as meager.

However, for investors in the above currency, a kind of lucky category has been returned at least.Except for TWT, almost two years of cost, some even two and a half years.

Through analysis of the type of project, we can find that the sector involved in the tokens includes prophecy machines, AI, modularization, BTC L2, the Internet of Things, and wallets. Many of the projects are the popular narrative concepts of this round of market.From this point of view, the investment logic of the new and non -fried old is still applicable to the currency circle.

summary

This wave of BTC prices is indeed amazing, and the highest point of history at this speed refers to the highest point.However, in the process of BTC’s rise, many investors, including the author, felt that they did not make money.It seems that the bull market is here, but it is not all.

An encrypted practitioner with a six -year investment experience in the currency circle said to the author: I still lost 90%of the LTC, NEAR, and YGG I bought in the last round. Bitcoin is really hot, but I feel cold.

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