Why is it said that a bull market is no longer possible? Why have I been bearish lately? Bitcoin is looking at 112,800, and Ethereum at 2,800!! As long as you grasp the cyclical nature of the market and the ecosystem, you won't lose!
Hit follow + save, and reflect daily on whether what I said makes sense!
First, everyone needs to understand one thing: whether it's stocks, real estate, or cryptocurrencies, historical data has repeatedly validated that during an upcycle, risks will accumulate and ultimately be released through adjustments, declines, or even bear markets, before entering a new cyclical loop.
This point is very important; understanding it helps everyone avoid chasing highs and selling lows, and respond to market fluctuations more rationally.
Secondly, we need to be clear that this month Bitcoin rose from 90K to 120K, a 30K point increase, and Ethereum needs no further mention, its inhumane growth. Such continuous rises will attract a large amount of short-term speculative funds, not based on recognition of its technology or application value, leading to a serious divergence between price and actual value, creating a huge bubble. At the same time, it may also weaken the sovereign status of national fiat currencies, especially in countries with weaker financial systems, potentially triggering capital outflows, currency devaluation, and other issues, disrupting macroeconomic stability.
So when the cycle arrives, Bitcoin will naturally not continue to rise, and there will be a significant drop to balance this ecosystem!