$BNB may have to wait another four years.
The current bull market of 2024 is nearing its end, and next year's bull market may take two directions.
There are three possible development paths for the bull market, but one of them seems unlikely now.
The second possibility is that the market first pretends to break out, attracting retail investors to follow suit, then traps them, and the market slowly consolidates.
The third possibility is a double-headed bull market, which means a rise followed by a pullback, then another rise. The current volume of funds is substantial, making this scenario quite likely to occur.
The current market environment is different from the last two bull markets; the conditions are better and the potential is greater.
Every pullback will lead to new highs, and at this point, it depends on your mindset. If you're willing to buy at the lows, the success rate will be very high.
The bull market starts off rapidly but may experience several significant drops later on, followed by a slow recovery. The last two bull markets have followed this pattern.
For the bull market to be long-lasting and healthy, it must go through several substantial drops to clear away high leverage. The more significant the drop during the upward trend, the higher Bitcoin is likely to rise afterward.
Don't be impatient; large drops clearing leverage is a characteristic of the bull market.
In summary, the bull market is not over yet; hold onto your spot and wait for new highs. Don't regret not holding onto your coins, and don't trade recklessly, causing you to sell your coins at a loss.
Currently, BTC has pulled back to 93,000, and the market is about to explode! In this situation, it is most suitable to lay low and accumulate potential altcoins! I have carefully selected a cryptocurrency expected to increase 2-3 times in the short term and 5-10 times in the long term; leave a comment + like for a free share!
$BTC $ETH
BTC
94,418.77
+1.54%
#Market volatility, should we increase positions or wait? #US GDP data is about to be released #Binance HODLerTHE
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