The bull market is all man-made. From the daily-level artificial bull market between 2022-2025, I figured out that there's a high probability of $BN being the driving force behind it. You could even say that in the early stages of the bull market, $BN indeed had a plan. The core reason is that market sentiment had already hit rock bottom at the time. Between 2022-12 and 2023-03, $BN announced zero fees for spot trading, which attracted a ton of bots to arbitrage. Volume went up, and prices followed. The mid-stage of the bull market was from 23-24-03, with MicroStrategy as the main player. $BN quietly withdrew its zero-fee spot trading initiative after 23-03. During this period, it was mainly MicroStrategy buying non-stop. Then 24-25 got a boost from election hype and Trump crypto. You could say, in my opinion, the entire bull market was just a well-orchestrated show.