What stage are we currently in? Will it rise again?
Some brothers ask when the bull market will come,
In fact, this small bull market started last week.
Bull markets are born out of despair,
Grow in doubt,
Mature in anticipation,
And are destroyed in madness.
This is the market; not everyone can make money.
This small cycle's bull market has 4 stages.
(1) When most people are complaining and in despair,
It is often an opportunity to get on board, like in early April.
In early April, the market was shaken, BTC fell below $80,000,
Many people shouted it would go to $60,000, we reminded everyone to buy the dip and hold on.
(2) After the market was shaken and the chips collected, BTC started to rise,
But everyone in the market is still half in doubt.
When most people start asking when the bull market will come,
We're close to the tail end of the market, with the progress at 50%, which is now.
The situation where BTC drives altcoins to rise in turn will still exist, so patience in holding is advised.
(3) When most people say the bull market has arrived and expect a big surge,
We are already close to the end of this small cycle, estimated to be in August.
(4) When the market approaches madness, and we still want to recharge and continue,
Suddenly there is a sharp drop, estimated to be in mid to late August.
At this time, it could be the market being shaken again, or a continuation of the bull market.
What the specific situation is will still need to be judged in conjunction with Federal Reserve policies.
Currently, we are in stage (2),
What you need to do is to remain patient and hold on; also, do not chase after coins that are surging.
Coins that can still be entered: $BTC , $BNB , $SOL , $DOT $KSM
The coin Parti has not launched yet, and a small position can also be taken.
Remember, do not go all-in on altcoins, especially do not go all-in on just one altcoin.
Guigu Early Report is only for friendly reference,
Adults must take responsibility for their own decisions.
Please invest with spare money and think independently.