To confirm the return of the Bull Market, you can pay attention to the following two situations:

1. Can BTC break through $70,000 and continue to hit new highs, thus completely reversing the current market structure.
2. Will BTC be able to drive altcoins to pump in sync and restore the familiar market logic for us.
Before these two situations occur, blindly chasing rising prices or catching the bottom may bring risks. Frequent trading may not only miss bigger opportunities, but also affect investment mentality due to continuous wrong decisions.
In addition, some altcoin projects in the traditional industry are facing pain points or bottlenecks and urgently need genuine "breakthrough" innovation. For example, distributed storage has false pain points, so it belongs to a false breakthrough; distributed AI also has false pain points, because the development of AI has just begun, and it is not yet certain whether blockchain intervention is needed. On the other hand, DEFI is a real breakthrough, because TradFi has high barriers to entry, high costs, and complex procedures. RWA also has the potential for a real breakthrough, as the securitization of real assets is the best direction to solve the current slow circulation and low value perception of assets.
The profit-making effect of AltCoin must be significant enough to attract stable inflows of traditional funds or enable a large number of low-threshold users to obtain relatively substantial returns with a smaller investment.
I hope that the future market will be able to present a truly groundbreaking concept. Once the wealth effect becomes apparent, the market will move towards a better situation!
#币圈观察员 #BTC能否站稳$60,000关口继续上涨？