What is the bull signal for Bitcoin?

Although the price of Bitcoin is still at $7,000, it's half the peak price six months ago, and if you think it's a bull adjustment, he shouldn't have fallen so much. So look back at my analysis in May, and maybe that's right.
Different people have different interpretations of the bitcoin bull , and my standard is that a bull will come when a number of "Cryptocurrency exchange" fail.
On the issue of "Cryptocurrency exchange", I have always been very clear:There is no single financial market where there are more "Cryptocurrency exchange" than "goods".
So I said a year ago that thousands of “cryptocurrency exchange” are not acceptable. If there is a bull in Bitcoin,
the condition of the bull market is the mass failure of “cryptocurrency exchange”. In the end, only a few good “cryptocurrency exchange” survive, and they can compete with the current mainstream exchange (bakkt, NASDAQ, etc.).

As for "platform coin", my consistent attitude is also negative. The purpose of "platform coin" is to replace "stabilized coin". But if the platform itself is not "stable", how can their "platform coin" be stable? So I've always opposed the hype of "platform coins", which are more terrible than altcoin.
By the same token, in the end there are only a few top cryptocurrency exchange, and their "platform coins" are likely to survive beyond the platform and become real "tokens", but we are not sure yet.
So here, I also remind you once again that for digital currency transactions, neither demonize, nor idealize.
You're just a market with a lower threshold and a higher risk.
But the market is much safer than many of "black exchange" (local trading platforms that are not protected by law).

The biggest risk in the digital money market is that unlicensed cryptocurrency exchange, without any regulation, are engaged in centralized work, which in itself runs counter to the concept of "de-centralization" and the laws of governments, so their existence is inherently dangerous.

But if you trade on the world's top cryptocurrency exchange, or even those with SEC licenses, I don't think there's a problem.

Advice: Stay away from unlicensed, unregulated cryptocurrency exchange, away from their "platform coins", if you think you have the ability to deal with sugar-coated shells, you can eat "sugar-coated" and "shells" to fight back, then I remind you, be careful "sugar-coated" inside is toxic. After eating "bait", you can safely spit out the hook, how many people can do it?