The key decision before the big bull market: hold on or sell at a loss?

If we look at it from the perspective of the bull and bear stages, we are now in the middle of the fourth bull market in the cryptocurrency circle.

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 rush, and the last 2 months are a peak. Strictly speaking, the bull market started in December 23. So now is the interruption of the bull market. There are about 6 months left in the bull market. The real outbreak period has not yet come.

Before the big bull market arrives, the dealer may create enough market fluctuations to force retail investors to sell at a loss and strive for more chips. The basic logic of the market is: when there is a lack of large fluctuations, retail investors will not actively chase the rise or sell at a loss.