Currently in the mid-stage of a bull market, evidenced by asset rotation and market characteristics.

Bitcoin is experiencing "divergence between price and volume" (price increase with volume decrease), momentum is slowing down, and it may rise moderately afterwards, with funds shifting towards Ethereum, which will then flow into altcoins, triggering a parabolic market, until the bull market ends.

This bull market may last for a longer period, as the benefits of interest rate cuts have not yet materialized, and subsequent policy dividends will provide sustained momentum.$BTC $ETH