In a bull market, any pullback is an illusion that makes you think the market is over, leading you to sell your holdings and short the market!

This round of the market is the hardest I've ever dealt with because there isn't that casual buying, just sitting back and waiting for a surge to get rich. Now, it’s all about new tokens popping up everywhere to cut losses—first there’s a fake rally, then a direct crash and escape, leaving retail investors trampled on each other.

The market has changed now; there are more and more cryptocurrencies, but the ones you can actually buy are getting fewer. Besides Bitcoin, nothing else really works for long-term holding. I suggest everyone should definitely consider Bitcoin as their main asset...

Let’s talk about the historical bull market, this is my personal analysis for reference only.

Bull Market 20% stage: General rise, slight increase in the market, hotspots attract wealth and interest, then a broad rise, sideways movement, repeated spikes and quick recoveries, slowly increasing, sideways again, repeated jumps, quick recoveries—this stage repeats several times, gradually making you feel like the price is constantly going up, and by the time you realize it, the bull market is already halfway through!

Bull Market 50% stage: The most obvious sign is the emergence of various chains with miracle coins, the appearance of cash cows, and various concepts showing up, with spikes becoming more frequent, and many people suddenly becoming wealthy.

Bull Market 70% stage: A major negative event occurs, and all cryptocurrencies may drop significantly, starting with a 25-point decline, except for Bitcoin.

Bull Market 80% stage: Bitcoin recovers its losses and breaks previous highs, while altcoins recover a significant portion, with only a few surpassing previous highs, and others almost none.

Bull Market 90% stage: Bitcoin shows slight increases and sideways movement, while platform coins surge significantly, with various positive news making you feel immersed in a daily profit environment, leading you to believe that making money is easy. Everyone you meet seems to be profiting, and new tokens are being launched more frequently, almost all doubling in value, with no signs of immediate sell-offs.

Bull Market 100% stage, beginning of a bear market: Various positive news flying around, various KOLs and celebrities shouting for bullish trends, bottom-fishing (like when Sun Ge calls for buying), and everyone around you starts bottom-fishing, even the elderly on the street begin to enter the market.

Triggering the bear market: Interest rate hikes → policies → political news → power outages causing mining issues → exchanges facing explosions or being hacked or running away. If one of these occurs, pay attention; if two occur, it’s the beginning of a bear market.

This is my personal judgment, for reference only!