Where will the market go next?

The current market sentiment clearly indicates that the ascent of Bitcoin is far from reaching its endpoint.

The recent horizontal consolidation is merely a brief pause, and the price of Bitcoin is very likely to continue rising, subsequently challenging and breaking historical records once again.

Historical data clearly shows that the cyclical pattern of Bitcoin price fluctuations is quite significant.

Throughout many past bull market processes, Bitcoin has experienced multiple pullbacks of 20% - 30%, yet each time it rebounded strongly, eventually rising to new heights.

As for altcoins, they are about to escape the longest bear market in history.

Given the weakening of the dollar and the expected increase in market liquidity, altcoins seem to be on the verge of a significant upward surge.

If we compare the current state of altcoins with the situation in December 2020, when altcoins dropped by 30%, followed by a strong rebound that lasted three months, with gains exceeding 400%.

Now, altcoins have dropped by 25%, and if we use historical data as a reference, this may very well become a precursor signal for explosive growth.