#BTC资金流动性 📉 Has the bull run actually arrived, or are we blinded by the "Rebound"?

Recently, major trading platforms have been buzzing with a saying:
"The market has started, it's time to recover losses."
BTC is on the rise, ETH is starting to show up, and those long-tail coins are also starting to stir.
Many people therefore conclude that —
👉 This time it really is different.
But I want to look at this matter from another perspective.
📌 Have you noticed a phenomenon:
When you start to "believe", the big players in the market often have already begun to reduce their positions.
Let's take a look at the trajectory of the past few market cycles—
• The true bottom phase: the square is deserted, no one shares profits, only a chorus of curses.
• The real top period: Analysts everywhere, screenshots, stories of getting rich, all in declarations.
What is the current situation?
📈 The discussion heat is rebounding.
📈 The sentiment is gradually recovering.
📈 New funds are starting to stir.
📈 Old players start daydreaming
But the problem is here:
Does the trading depth on the chain, the changes in large holders' positions, and the distribution of open interest truly reflect a "bull run"?
Or are we just witnessing a Rebound of emotions?
Three more realistic questions:
• Are you really making money, or are you providing liquidity for others?
• Are you planning for future trends, or are you chasing after the already moving market?
• If a big bearish candle appears tomorrow, can your position allow you to sleep soundly?
I am not here to crash the market.
I just want to say something that many people don't want to hear:
👉 The bull run never begins when the square is the most lively and optimistic.
Real opportunities often arise in these moments:
• When you think placing an order is very dangerous
• When you lose confidence in the market
• When you start to doubt "Is this market beyond saving?"
Why?
Because at that time, those who chased the highs had already exited, the panic selling had already occurred, and what remained in the market were the funds truly willing to hold long-term. And these funds are the foundation for the subsequent rise.
The current situation is different.
$BTC, $ETH, and $BNB are currently experiencing a Rebound, but has the fundamental situation really improved?
Is the policy expectation really clear now?
Has the large-scale entry of institutions really occurred?
Or is it just some technical Rebound, coupled with the traders' emotional venting?
Three thought-provoking questions are placed here 👇
1️⃣ Your judgment is: Are we currently in the early stages of a bull run, or is the rebound about to peak?
2️⃣ What is your current position status: fully invested, half invested, or waiting?
3️⃣ What is your response plan if the market suddenly reverses tomorrow?
💬 Waiting for your true thoughts in the comments section
👍 If this viewpoint is valuable, give it a thumbs up.
🔁 Think friends should hear this too, share it.
The rules of the market have always been very simple:
You won't be rewarded just for being optimistic.
Only those who live the longest will be rewarded.