Anselm: There are signs of a bottom in the cryptocurrency market, and a new bull market is yet to be confirmed by on chain data

Anselm stated that there are signs of a bottom in the cryptocurrency market, and prices have shown resilience to negative news, such as when Saylor sold millions of dollars worth of BTC in the $58000 to $60000 range, BTC still formed higher lows. The encrypted native mobile application achieved user growth, with Pump.fun's weekly revenue increasing by 20% and Fomo exceeding 100000 users within a week; Institutional interest has rebounded, including the progress of Robinhood Chain and Paul Tudor Jones' public bullish view on BTC, leading to an increase in social media popularity. Anselm stated that if the on chain tokens reach a higher peak after their initial surge in volume, the number of popular token holders increases, mainstream media re reports, developers try new on chain mechanisms, and successful protocols provide incentives through airdrops, it can be confirmed that a new bull market has begun.