We have seen high contrast of market situations in real business world and the crypto space recently: Banks like SVB went bankrupt and caused a lot of fear and anxiety in the market; after a price drop within a short period, Bitcoin has gone up excessively to a high price which seems to be stable for a while; ETH and other big name altcoins have also enjoyed a price surge. More people are predicting that the next bull market is around the corner. Is this true ? Or are you ready for the next bull market ? I am with FireDAO team, in charge of the global community. Please let me know if you are interested in our new project.
If I only pay attention to Bitcoin Domination Historically my reasoning is that Bitcoin's performance has had a significant impact on the wider cryptocurrency market. If Bitcoin's dominance in the market increases, it can be a sign of a bullish market and one more thing, looking at the data, i Fully Diluted Market Cap is already high from now on and usually in mid-July it might start like the CMC data that I saw.