Unraveling the Mists of Cycles, Gaining Insights into Future Opportunities

In the digital currency market, the fluctuations in the market are like a dramatic performance, constantly tugging at the hearts of investors. The current market situation bears some resemblance to the scene last October.

Looking back to September of last year, the news of the Federal Reserve's interest rate cut was like a stone thrown into a calm lake, creating ripples in the market, with prices rising upward, filled with enthusiasm. However, the good times didn't last long; as October arrived, the market entered a correction phase. Bitcoin (BTC) fell into a sideways deadlock, while altcoins plummeted back to square one, resembling a desolate aftermath after a period of prosperity. At that time, many prominent figures gathered like dark clouds above the market, singing a bearish tune, asserting emphatically: the interest rate cut has no effect on the market, altcoins are destined to go to zero, and the bear market is surging in. These voices surged like a tide, frightening many panicked retail investors, who cut losses and exited the market, keeping their positions empty to seek self-preservation.

But just when everyone was feeling despondent, in November and December of last year, the market unexpectedly welcomed a true altcoin season. Ripple (XRP), Cardano (ADA), and other old coins seemed to be reborn, with prices skyrocketing tenfold. Meanwhile, a series of VC coins like ENA and CRV also showed resilience, breaking through the high points of April 2024. At the same time, on-chain coins like PNUT and ACT brought about astonishing wealth effects, like a legendary story of overnight riches spreading through the market.

However, just as the market was heating up, the attitudes of those prominent figures took a 180-degree turn, transforming into the market's cheerleaders, loudly singing bullish sentiments, urging retail investors to buy in. One claimed it was a tenfold coin, another boasted of a hundredfold coin, and together they predicted that March 2025 would be the market's peak. However, the facts slapped them hard in the face; starting in January 2025, the market took a sharp downturn, February saw a devastating drop, and by March, altcoins were halved in value. At this point, investors finally awakened to the realization that listening to so-called prominent figures often leads to a quagmire of chasing highs and cutting losses; independent thinking is key to standing firm in this unpredictable market.