In fact, many friends are struggling with whether it is a bull market or a bear market. There is no need to struggle; as long as you can make money, it is always a bull market. If you are not making money, even if Bitcoin rises to $1 million, it is still a bear market.
Actually, this wave of upward trend started for the first time at BTC $26,000, trading was based on the approval of the BTC spot ETF.
The second wave started at $46,000, where the approval of the ETF could bring in a large amount of external capital.
The third wave began at $65,000, driven by the favorable conditions of the U.S. election.
Catching any one of these three waves would yield at least a 40% profit, even if you exit now.