#比特币突破10万？
How to determine if a bull market has peaked?
I think it makes a lot of sense that:
1. Bitcoin will peak before other cryptocurrencies.
2. Public chains and platform tokens will follow Bitcoin, driving other cryptocurrencies to peak one after another.
Bitcoin is still the leader of the bull market, it will be the first to reach the peak. When Bitcoin peaks, most cryptocurrencies will only rise slightly. Sometimes, individual tokens may rise sharply, but that's just an isolated phenomenon. When Bitcoin reaches its peak, public chains and platform tokens will then lead other cryptocurrencies in a frenzy.
After Bitcoin peaks, the market may collapse immediately. But the overall market will still maintain a frenzy for about 15 to 25 days.
At this time, public chains and BNB will become the second wave leaders of the bull market. They will take over Bitcoin’s baton, rapidly directing funds towards smaller tokens, at a very fast pace, possibly around 20 days. During this period, smaller tokens may rise very sharply, doubling in a week, or even tripling in a month.
However, when BNB and ETH also become stagnant, then the market has truly reached its end.
If you are still in this market at that time, then congratulations to you!
Right now is like deep autumn, a good harvest season. You need to hold your position well, but also be ready to gradually reduce your holdings. Don't be greedy, and don't let fear scare you.
In this market, the biggest enemy is not others, but your own greed and fear. Sometimes, you might feel like you've gained 7 times only to lose 3 times, and then impulsively jump back in. But doing that could lead to heavy losses.
Remember, don’t think about precisely timing the bottom and top, that's all a trap. In this wave of market, you might earn back all your gains for the year. Therefore, during the frenzy, be decisive in letting go, and don’t let greed cloud your judgment.
The test of a bull market is not just about the ups and downs of the market, but also a test of our mentality. In the face of account fluctuations, we must remain rational. Next, I will announce the next potential tenfold coin! Guessing is less effective than seizing the opportunity! Like and leave a message for a free share.
