Let's look forward to the arrival of the raging bull market together! According to the bull-bear phases, we are currently in the mid to late stage of the fourth bull market in the crypto space.
When a bear market starts, aside from holding BTC and ETH, you shouldn't hold onto anything else. The only two assets that may truly survive the cycle are BTC and ETH; everything else may just be running alongside.
A four-year cycle consists of three years of bear market and one year of bull market. In the first eight months of the bull market, there is generally a slow decline. The last two months see a sharp rise, and the final two months are about building a peak. Strictly speaking, the bull market started in October 2023. So right now, we are in a pause of the bull market. There are about five months left in the bull market. The real explosive period has not yet arrived.
The explosive period should occur around February to May. It will likely end around July 2025, following the patterns of past cycles. The crypto market will not continuously rise or fall; it develops very quickly. It must rise rapidly to ultimately catch up with the market value of gold.
Therefore, there is a four-year cycle, and the real explosive phase is completed within 3-4 months. This means you wait four years just to wait for those 3-4 months; if you miss those 3-4 months, your profits will vanish, and you might even incur losses.
The crypto space also requires a rapid decline to eliminate scams, junk projects, and speculators. The essence of the crypto market is efficiency; it was born from the need to change financial efficiency, so it must eliminate garbage projects.