Now the market is like this, I don't even want to talk,
This year, in the first half, I made a lot of money in the trend of the copycat market that has dropped 90%.
The market has no wealth effect, can't make money, and I don't even know what to talk about.
To be serious, I believe this round of the cycle has basically reached its peak. Let me analyze it for you.
The peak of the bull market in 2013 was 1145.
The peak of the bull market in 2018 was 20000.
The two peaks are 17 times,
The peak of the bull market in 2018 was 20000.
The peak of the bull market in 2022 was 69000.
The two peaks are 3.45 times.
17/3.45 = 4.92 The difference in the two rounds of increase is 4.92 times;
If the difference in the two rounds of increase is also 4.92 times,
Then this round of increase should be
3.45/4.92 = 0.7 times, more 0.7 times,
So the peak in 2025 is probably 69000*1.7 = 117300.
The peak is around 120000, and the current price of 110000 is basically at the peak.
If you look at mainstream coins, every time they rise, they will come down.
Every time they rise, they will come down, then this is a bear market, right????
So mainstream coins are already in a bear market, only Bitcoin is at a new high.
But Bitcoin is also close, because the pace has slowed down a lot, and Bitcoin is still oscillating at the peak.
At the same time, the cryptocurrency market is highly correlated with the US stock market, and the US stock market has reached new highs, especially Nvidia which has skyrocketed, also accumulating huge risks.
Reaching the peak does not mean a crash; it may remain high and oscillate until
an event occurs,
a crash still needs a trigger, similar to the tariff trigger in the first half of the year.😇😇😇