The market is divided into four stages:
1/ General bear season: from the peak of the bull market to the bottom of the bear market, the feature is that the entire market falls.
2/ Washing season: from the bottom of the bear market to the start of the next bull market (this round starts from October 12, 2023), the feature is mainly oscillation, with a slight increase.
3/ BTC/ETH season: from the starting point of the bull market to the lowest point of the proportion of altcoins, the feature is a general increase, but BTC/ETH has increased a lot, and the market value share of altcoins has dropped to the lowest.
4/Altcoin season: from the low point of the proportion of altcoins to the peak of the bull market, the feature is a general increase, altcoins have risen the most, ETH has also risen very well, and BTC has only risen by 100%.
The above are all estimated based on market value, so there may be a situation where the market value of altcoins increases but the price does not.
Each stage ranges from 9 to 15 months, which is still relatively consistent at present.
The market is currently in the middle of the "BTC/ETH season". This round of wash season is relatively short, so it is estimated that the BTC/ETH season will be longer. From a time perspective, the last round of this "BTC/ETH" ended 8 months after the halving, and now it is 3 months after the halving, about 5 months apart.
From the perspective of the increase target, the total increase in the previous round in this season was 480%, and the increase in this round of BTC/ETH season was only 100%, which is far from enough.
At this stage, from the perspective of carving a boat to seek a sword, ETH is one of the best positions, because ETH has performed very well in both the BTC/ETH and the cottage season.
If you want to know specific opportunities and specific decisions, click on the avatar to follow the homepage, you can get the position allocation strategy, teach you how to make money in the bull market and earn coins in the bear market
#美联储何时降息? #美国大选如何影响加密产业? #德国政府转移比特币