Market Divergence Emerges: Who Will Dominate the Final Outcome of the Crypto Bull Market

The narrative in the crypto market is quietly shifting. From yesterday to today, the market focus has moved from “Is the bull market really coming” to “Who can be the final key to completing the bull market puzzle.” This shift is not just a change in slogans but reflects an upgrade in market sentiment and a deepening of participant understanding. Tonight at 8 PM, SunFlash will host a themed roundtable discussion, inviting industry veterans to explore this critical issue.

Implications of the Market’s Phase Transition

According to the latest news, the crypto market is entering a crucial stage from a brief rebound to a structural recovery. This statement is very important because it indicates two key changes:

From Passive Rebound to Active Positioning

Market sentiment has shifted from cautious observation to rational positioning. Simply put, before everyone was waiting; now, everyone is starting to choose. This means that participants’ attitudes have changed from “waiting to see when the rebound ends” to “considering how to participate in structural opportunities.”

The stabilization of mainstream assets and the recovery of sector rotation provide the foundation for this shift. Once major coins like BTC and ETH stabilize, market attention begins to shift to other sectors, seeking the next growth point.

The Logic Behind the Shift in Focus

From “Will the bull market come” to “Who can be the final key to completing the bull market puzzle,” this transition clearly illustrates the point:

• The previous question is a yes/no question, with a definite or uncertain answer
• The latter is a multiple-choice question, with answers involving various possibilities

This indicates that the market has basically confirmed the direction of the bull market, and current disagreements are focused on specific sectors and assets. This is a sign of market maturity.

Core Topics of Tonight’s Roundtable

SunFlash’s roundtable will discuss from three dimensions:

Capital Flows and Market Structure

Where funds are flowing determines who can be the mainline. This involves judging the flow of institutional funds, retail funds, and on-chain funds.

Sector Fulfillment Capability

Moving from narrative to value requires sectors to deliver on their promises. Which sectors have real application progress, and which are still at the conceptual stage—that’s the key to differentiation.

Liquidity Carrying Capacity

Assets that can become the mainline must have the capacity to carry large-scale liquidity. This means sufficient trading depth, market participation, and practical application support.

The Essence of Market Disagreement

The current market disagreement is not about “whether” the bull market will come, but “who will lead it.” The emergence of this disagreement is actually a sign of rational market positioning. Different participants, based on their own judgments, choose different sectors and assets, which is the source of active liquidity.

Summary

The market has shifted from uncertainty about a short-term rebound to rational exploration of a structural recovery. The focus has moved from “whether” to “who,” reflecting an upgrade in market cognition. Tonight’s roundtable discussion, covering three dimensions—fund flows, sector fulfillment, and liquidity capacity—is key to understanding this stage. Market disagreements are not a bad thing but an inevitable choice of participants engaging in rational positioning.