What stage are we currently in? Will it rise again?
Some brothers asked when the bull market will come. In fact, this small bull market started last week. Bull markets are born in despair, grow in skepticism, mature in hope, and are destroyed in madness.
This is the market; not everyone can make money. This small cycle of the bull market consists of 4 stages:
(1) When most are complaining and in despair, it is often a buying opportunity. For example, at the beginning of April, when the market was being shaken out, BTC dropped below $80,000, and many people were shouting it would go to $60,000. We reminded everyone to buy the dip and hold on.
(2) After the market makers shake out and collect chips, BTC rises all the way up, but everyone in the market is still skeptical. When most people start asking when the bull market will come, we are nearing the tail end of the bullish trend, with the market progression at 50%—that is now. BTC's influence on altcoins will continue, so we suggest holding on patiently.
(3) When most people say the bull market has arrived and it needs to skyrocket, we are already close to the end of the small cycle, likely in August.
(4) When the market is nearing madness, and we still want to invest more, a sudden crash is likely to occur, estimated in mid to late August. This could be a market maker shakeout or a bull market continuation. The specifics need to be assessed in conjunction with the Federal Reserve's policies.
Currently, we are in stage (2). What we need to do is maintain patience and hold on, and also avoid chasing after rapidly rising coins. The following are still good to enter: BTC, BNB, SOL, BGB, GT. Remember not to go all in on altcoins, especially not just one altcoin.