The recent inflation has not yet risen so far, and most of the Fed's voting members, including Powell, have started to ease their stance, while the economy has not fallen into recession...

In my opinion, this near-miraculous phenomenon must have some overlooked aspects.

But in any case, trading and investing should not rely on feelings; we must respect objective facts. Once monetary easing begins, it is the easiest phase to make money. Besides BTC, altcoins are also worth considering.

Even if we feel that the market has illusions and scams right now, we should learn to participate when the bubble is expanding and exit before it bursts.

Recently, I've seen many big players starting to mention "long-term slow bull" and "eternal bull market." Friends who experienced the bull markets of 2017 and 2021 know that such statements often arise at the end of each bull market...

It’s not that an eternal bull market is impossible, but mathematically, the exponential increase in demand for funds due to price rises limits the duration of the bull market.

The annual line of BTC clearly shows a cycle of 4 up years and 1 down year, with still some upward space in 2025, but 2026 is indeed a potential bear market year in various senses...

However, looking at it from the annual line perspective, we have actually been in an eternal bull market all along...

What people refer to as a bear market is just those three small down candles...