Those who shout about the arrival of a bull market every day should objectively examine the true performance of their investment portfolios. In recent months, any market fluctuation has been interpreted as a bull market—significant rises are a bull market, deep pullbacks are also a bull market, and even when altcoins fall below historical lows, they are still referred to as a bull market. This perspective lacks analytical discipline and ignores market structure. Many early investors who believed in these views have suffered significant losses. The current market environment resembles a technical rebound rather than a truly confirmed bull market cycle. Continuously generating optimism can easily mislead retail investors into entering the market and raises suspicions that some voices are serving the exchanges while not bearing any risk themselves. Rational analysis should replace hype and emotional speculation.
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