When others say "the cow is still here" or "the cow is not here", we think "the cow hasn't arrived yet".

The rainbow chart reflects the price trend, and everyone can take a look at this analysis.

Additionally, Brother Bee's logic is that we are very likely on the eve of March 12, 2020, or have already experienced the phase of 312.

Reason one, we are in the stage of pausing after the beginning of interest rate cuts, before continuing to cut rates.

Reason two, we have just experienced a "deviant" small bull market. Similar to 2019, where BTC rose but there was no altcoin season, this is a small bull. The reason BTC broke its previous high is due to the push from the ETF, hence it is called a "deviant" small bull.

Some might say this breaks the four-year cycle.

In fact, if there had been no futures ETF in the second half of 2021, April 2021 would have been the bull peak. Because people in the crypto space tend to buy in anticipation of a bull market, it pushes the bull market forward.

So from March 12, 2020, to May 2021, a total of 14 months was experienced.

The current bottom to the bull peak may be shorter than 14 months, so the bull market may occur by the end of this year or in the first half of next year, which does not count as breaking the four-year cycle.

"Aunt Flo" is not that accurate, often arriving early or late. Not to mention the so-called four-year cycle...