Which stage is the market in the cryptocurrency market in? What do you think?
1️⃣If we distinguish between bull and bear markets, we should now be in the middle of the fourth cryptocurrency bull market. A 4-year cycle, a 3-year bear market, and a 1-year bull market. In a 1-year bull market, the first 8 months are basically a slow wash-out decline, the next 2 months are a surge, and the last 2 months are a peak.
2️⃣Strictly speaking, the bull market started in December 23. So now the bull market is interrupted. There are about 6 months left in the bull market. The real outbreak period has not yet come. The outbreak period should be like this in October. It will end around May 2025.
3️⃣Of course, this is not true. This is just my opinion based on history. It cannot be counted. I don’t know if it is right or not. But the law of the past cycle is like this. The cryptocurrency market will not rise or fall all the time. This market is developing very quickly.
4️⃣It must rise rapidly to finally catch up with the market value of gold. So it is a 4-year cycle and the real outbreak is completed in 3-4 months, that is to say, you wait for 4 years just to wait for those 3-4 months. If you miss 3-4 months, your profit will be gone and you may even lose money.
5️⃣ The currency circle must also have the potential to fall sharply to eliminate scams, junk projects and speculators. The most important thing about the currency circle is efficiency. It was born to change the efficiency of finance, so it must eliminate junk projects. When the bear market starts, except for BTC ETH, you can't hold it, and you shouldn't keep the others. There may be only two targets that really cross the cycle, one is BTC and the other is ETH. The others may just be runners.
6️⃣ Wait patiently for the arrival of the violent bull market. Now just do nothing. It's the best. If you have configured it with me on August 5, you must have confidence in your position. Fine-tuning is okay, but try not to move the large position. Please wait patiently for the arrival of the bull market!
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