$BTC Every day spent in this market increases the risk of taking over by one point. Especially during this bull market's ending period, entering for spot trading carries risks. However, as risks increase, opportunities also arise; the end of a bull market often presents the most opportunities. Various altcoin 'whales' also strive to make a move during this period to attract retail investors' attention, waiting for them to take over because this is when hot money is at its peak. Retail investors do not want to miss out, and the whales do not want to miss out either, so overall, profits and losses are proportional.
Especially for someone like me, who has yet to achieve significant results and is still busy lurking in various cryptocurrencies with smart money (small retail investors). The expression of 'licking blood on the edge of a knife' is not an exaggeration.
In such a market, making money is easy, and it is also easy to be blown away at the peak. However, one thing is certain: 108,000 will definitely not be the top for Bitcoin this year.
If the last market cycle did not yield the desired results, if one is reluctant to miss out on the four-year cycle and has not accumulated enough chips, if there are still bullets left, and if there is still a desire to change one's fate through trading, then one should study the cryptocurrencies carefully and cherish each day before interest rate cuts.
Missing out means waiting for the next four years. How many four-year cycles does one have in a lifetime? The wealth effect of this bull market is not as great as in 2021, and even less so than in 2017.
From now on, it will only get harder.