If we carve the bull market of 2021, there should be three waves of bull market.
The time should be able to last until March 25.
The distinguishing mark of each wave should be a callback of more than 15%.
The BTC increase is getting lower and lower with each wave, the altcoin is getting stronger and stronger, and the callback after each wave is getting bigger and bigger, and the last wave ends the bull market.
The characteristics of the top must be the appearance of consolidation and shock for more than one month, but it will definitely be accompanied by the divergence of various indicators, the divergence of momentum, the divergence of trading volume, and the divergence of emotions (BTC increase is lower, alts continue to rise, and fomo emotions are even worse)
The current form should be closer to the middle and late stages of the first wave. At present, the low point of BTC 91500 should not be enough for the callback. Most alts/eth have no callback at all. A small part of the first rise is sideways, but it is not enough for the callback.
If this is the expectation, it depends on whether it will break through 100,000 and start to callback at a certain position, or the short position will start to accelerate next week, turning the oscillation into a callback.
The expectation is for reference only, and the actual trend shall prevail.
For example, if the bull market trend ends next month or January, don't be lucky.
