How long do you think the bull market can last?

With minimal fluctuations over the weekend, the range has been oscillating sideways for more than ten days.

In a bull market, such oscillation should ideally not exceed 20 days, with the limit being one month, after which it must quickly resume its upward trend.

For this wave, it would be quite reasonable to expect a resumption of growth before December 15.

If it doesn't start to rise after December 15, it could be a bit dangerous, as a consolidation at a relatively high position for over a month, combined with the current obvious distribution of ltr on-chain, could indicate a potential top (though this possibility is still relatively low).

In 2021, the top in 2023 was formed through a significant range of high-level consolidation before breaking the trend line, marking the end of the bull market.