In everyone's cognition, the cryptocurrency market may be in the middle of a bull market. If we look at the traditional bull-bear cycle, the market usually experiences a 3-year bear market and a 1-year bull market. In this cycle, the first 8 months of the bull market are often a slow wash-out decline, followed by a rapid rise in the next 2 months, and the top is formed in the last 2 months.

Strictly speaking, according to some views, the current bull market may have started in October 2023, so it may be the interruption stage of the bull market. According to this view, the bull market may still have about 2 more months, and the real outbreak period is expected to be between August and October, and the entire bull market may end around May 2025.

Of course, this is just a view based on historical data, not an exact prediction. The actual trend of the market may be different, because the cryptocurrency market is developing very fast and will not always maintain an upward or downward trend.

In order to catch up with the market value of gold, the cryptocurrency market needs to go through a rapid growth period, which is usually completed within 3 to 4 months. Investors may have waited for 4 years for these few months. Missing this period may not only miss profits, but may even face losses.

At the same time, the cryptocurrency world must also eliminate false projects, junk projects, and speculators through a sharp decline. The efficiency of the market is its core. As a product of changing financial efficiency, the cryptocurrency world will naturally eliminate projects that do not have long-term value.

During the bear market, other assets except Bitcoin and Ethereum may need to be handled with caution. The only assets that can really cross the cycle may be BTC and ETH. Therefore, investors need to wait patiently for the arrival of the next round of bull market.

If you have already made asset allocation, it is important to maintain confidence in your portfolio. Remember that the market has its own rules and cycles. Maintaining patience and confidence, while paying close attention to market dynamics, is the key to successful investment.