If we look at it from the perspective of bull and bear phases, we are now in the mid to late stage of the fourth bull market in the cryptocurrency space.
A cycle lasts four years: three years of bear market and one year of bull market. In the first 8 months of the bull market, there is generally a slow decline and accumulation.
The last 2 months see a sharp rise, followed by 2 months of peak formation.
Strictly speaking, the bull market started in October 2023. So now we are in the middle of the bull market.
There are about 5 months left in this bull market. The real explosive period has not yet arrived.
The explosive period is expected to come around June to July, and end around October 2025.
Of course, this is not a fact; it’s just my viewpoint based on historical patterns. It cannot be taken as absolute.
I don’t know if I’m right. But the patterns of past cycles have been like this.
The cryptocurrency market does not go up all the time, nor does it go down all the time; this market evolves rapidly.
It must rise quickly to eventually catch up with the market capitalization of gold. Thus, it follows a 4-year cycle, and the real explosive growth happens within 3-4 months. In other words, you wait 4 years just for those 3-4 months; if you miss those 3-4 months, your profits will vanish and you might incur losses of #币安Alpha上新 .
The cryptocurrency space must also experience rapid declines to weed out scams, worthless projects, and speculators. The most important thing in the cryptocurrency space is efficiency; it was born out of the need to change financial efficiency, so it must eliminate garbage projects. When the bear market starts, apart from BTC and ETH, you should hold onto them tightly, while you should not keep any other assets. The only asset that truly crosses cycles may be BTC; the others may just be runners-up. $BTC
Be patient and wait for the arrival of a raging bull market. Right now, doing nothing is the best approach. $ETH
If you have already made allocations, you must have confidence in your positions. Minor adjustments are fine, but try not to touch large positions.
If you are also a technical enthusiast and are deeply studying technical operations in the cryptocurrency space, you might as well follow the account 'Crypto Circle Sunny Day'. You will gain the latest cryptocurrency intelligence and trading skills.