In this circle, I don't believe in any bull-bear cycle theory anymore.

After all, the dividends are limited. Compared to the past, I feel that we can no longer use the traditional bull and bear concepts to define the market.

In the market, when no one dares to go long, a bull market might just be around the corner; and when no one dares to go short, a bear market might be on the way.

Many situations that didn't appear in the first round often emerge in the second round after everyone loses confidence.

Just like XRP, it was motionless in the previous round, but in the last round, the upward momentum was simply boundless.

This rule also applies to Ethereum and altcoin seasons.