History does not repeat itself, but it is always remarkably similar!!!
Nowadays, the initial rise of a bull market often only marks the first phase of the bull market!!!
Bull markets generally start rising, then continue to rise, and finally rise some more!!!
After the initial phase of a bull market, there are often many sharp declines followed by slow rises, rapid declines, and continued slow rises.
In the previous two bull markets, there were continuous rises
Accompanied by multiple sharp declines.
In 2017, there were more declines and slower rises.
In 2021, there were fewer declines and faster rises.
Therefore, to hope for a healthy long-term bull market,
We still need more sharp declines, a good cleanup of leverage, and a healthier wash.
If there are no significant declines and it goes straight up,
I would actually be worried that this bull market's peak might be relatively low.
Is there a risk of a violent washout at any moment?
In a bull market, if there are more sharp declines, it actually indicates that Bitcoin's price will ultimately be higher.
So don't be anxious. If there happens to be a sudden decline in the next few days to clean up leverage,
That is also a very typical characteristic of a bull market. After all, it has already broken through historical highs. We have entered a great bull market, so why are the retail investors still panicking?
Hold your spot, and welcome the new highs.
In short, the bull market is far from over, and the moment when all currencies soar together has not yet arrived.
Don’t wait to look back and regret why you didn’t hold this coin or that coin, thinking about making a short trade and then regretting it. When the market ends, retail investors will only then understand that a bear market has come.
The four most precious words in the world: faith, perseverance, persistence, gratitude.
Those with faith have opportunities, those with perseverance change themselves, those who persist change their destiny, and those who are grateful retain their blessings.
Recently, the allocations of doge, xrp, wif, apt, op, uin, link, eigen... have all been quite good, and there are indeed many targets that have doubled recently!!!
