BTC was bigger and higher than we could have predicted - crypto investors who were scared by the downtrend, sometimes you have to recognize that there is more than just you and your friends in this world. Bitcoin can go up simply because people are buying it. No manipulator is gonna piss against the wind.
Whether it will be long will be early all depends on the portfolio for example if you have 20 positions and we go in some kind of sideways, And the one who has a more smart portfolio - look that everything is over and soon we will fall.
And as for how long will it last? Where are we?
We can say for sure that the early stage is over! Projects that were more or less normal on the market - revived, at least minimally. Now the game of inflating the bubble begins! The question is, how much will the bubble inflate? We have new variables, what makes this bullrun different from the previous ones: -there is a real bitcoin etf with real volumes -there's a big driver with etherum etf and it will have steaking and some yield. This will also be positioned as and also attention to cryptocurrency Now there are a lot of blockchains the whole top 100 are all blockchain, except for a few projects. The game is getting harder. Now there are projects coming out that take away marketcap, I have already talked about Startknet, Layerzero and others that take away capitalization and attention, and old coins do not grow Newcomers to the market are not even interested in Tezos or EOS, which is one of the richest projects in the industry, newcomers look at Solana, Arbitrum, Optimism, Sui, Aptos market is growing in breadth.
Now a lot of people are talking about divergences, selling and fixing portfolios
53-56 is still acceptable, but especially if we see the reaction of altcoins, and we see it, we go down a bit.
Altcoins are a little bit scary, so it's easier to go up without extra passengersStay in touch
it's just a language thing but this is nearly incomprehensible. makes me bearish.
ReallyMe
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@prefabsprout, Translated: Bitcoin has surprised everyone by rising higher than expected, showing that its value can increase just because more people are buying it. The current situation in the cryptocurrency market suggests that the early stage of growth is over, and now there's a focus on inflating the market bubble. This time, there are new factors at play, such as the introduction of real Bitcoin and Ethereum ETFs, along with the emergence of new blockchain projects like Solana and Arbitrum, which are attracting attention away from older cryptocurrencies like Tezos and EOS. Despite some concerns about altcoins, the overall trend seems to be upward.
MyCryptoParadise_Nathan
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The analysis of the current state of the crypto market, especially the focus on the new variables impacting this bull run, is thorough and informative.
basictradingtv
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I always like a clean and naked chart like yours. Makes things easy to comprehend on a first view!!!
ReallyMe
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Absolutely
hashemimohammad6666
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as the plan . ❤️🙏
ReallyMe
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To summarize, the mood on the crypto market is good, like in 1929, it feels like "it's always going up", not far from when everything suddenly starts to collapse on a Black Monday and nobody understands why at first, the 100+ blockchains were all so great and the ETFs and new coins were doing so well
peymanlord
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thanks 👌
simplejoe1
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how far could this ponzi run go or are we already at the top?
makes me bearish.