10.26 Daily Outlook, today let’s talk about the genuine bulls in the bear market and the 60-day effect.

Looking back at the bear market in 2018 and 2019 and the current bear market in 2022 and 2023 (so far), the biggest difference I feel is the duration of the market rotation. Next, I will briefly list the history from my personal perspective:

1. 2018 Bull Market: It started in early April, with a single-day surge in Bitcoin as the signal for the price to fall. Although the trigger was eventually confirmed to be a rumor (Russia bought BTC), the market did see a huge amount of BTC buying. The market took the attitude of "it's all here", and a round of market rotation began. Then the narrative revolved around BTM, Ontology (ONT), and EOS super nodes, and various copycats took turns to perform until June, with the market lasting more than 60 days;

2. In the 2019 altcoin season, Bitcoin broke through 4200 and burst into shorts on April 2, with Litecoin halving and Binance IPO as its left and right arms. Finally, the altcoin rotation ended in June when Facebook released Libra, which triggered a climax outside the circle. In total, it also lasted for 60 days;

3. In comparison, April in the first half of 2022 seemed much more desolate. Although it was considered a market, it was far from the positioning of the copycat season or the Mavericks. The duration was too short (less than 60 days), the overall increase was too weak, and there were only a handful of projects that could be taken out of the circle. Don’t ask, if you ask, it’s a running shoe scam GMT;

4. In 2023, the situation became even more complicated and difficult to describe. The halving effect of Litecoin was a disaster. The exchange was stagnant in the new listing. Other well-known projects such as CFX, PEPE, and OKX were fighting on their own and their firepower was dispersed. They never really formed a good relay and endurance (the overall rotation was also less than 60 days);

After saying so much nonsense, what I really want to express is that since there are only two months and a few days left in 2023, and it is a rare opportunity to use the Bitcoin launch as a signal (and cooperate with favorable factors), we might as well have a serious and real copycat season. Recently, the A-share market is not doing well and the US stock market is also timid. It is a good time for the main dog dealers to flex their muscles, even if it is just for show. Let's get things done quickly and make the crypto world lively (two months)!