#报名WCTC S6，赢限定周边和PEPE等热币空投 From a data perspective, we have already experienced a wave of altcoin Bull Markets, but why do many people not perceive this bull market?

So who exactly stole the Bull Market of encryption? I think there are several reasons

1. The current altcoin market is already large enough, and it is difficult to sustain a burst of rise. Only individual hotspots can arrive, and individual altcoins perform well.

2. BTC and ETH account for a large proportion of the total market value in the encryption market, but many people do not hold them for long and have a weak perception of the bull run. 80% or even 90% of people do not have these two targets, so they think there has been no bull run, but in fact, these two targets have tripled from last year to this year.

3. For VC investment, the continuous unlocking of altcoin is also squeezing the rise space of the total Market Cap of altcoin. Many VC projects face great unlocking pressure, which is not good for retail investors. The resonance generated by emotions leads to a drop as soon as they go online.

4. The dazzling new projects, limited market funds, and limited new capital inflows have led to serious dispersion, with retail investors not dumb buying each other under the condition of limited new capital inflows.