The post shared on May 10th recorded my biggest concern at the time: that this wave of upward trend is a rebound B wave of a larger cycle.

So this upward wave came suddenly and swiftly, but it will also end quickly. At that time, I said it could be as fast as about a month, and it might extend to early July. Currently, it seems the timing is about right.

The candlestick chart in this post is of $OTHERS, but looking at $TOTAL makes it even more obvious, a standard five-wave followed by an ABC wave.

Personally, I am optimistic and really hope that there will be another bullish market in Q4.

However, if the larger cycle has already begun to move down in a C wave, then the bullish market in Q4 might see $BTC rising alone, while a large number of altcoins only experience another wave of phase rebound, with a small portion of strong altcoins entering a bullish phase.