Regarding the question of which stage the current bull market is in

If we analyze it on a weekly basis, I personally think that we are standing at the starting line of the second half of the bull market, or more precisely, the early stage.

Looking back at the first half of the bull market, it extended from December 2022 to March 2024. It was a process of evolution from rebound to reversal, full of uncertainty. It is normal for people to be confused and confused about when the new bull market will start. It was not until the beginning of this year that the market broke through the 50,000 mark in one fell swoop, and the consensus on the new bull market gradually gathered.

Then, from March to October 2024, the market entered a halftime rest period. During this period, the market continued to fluctuate, especially the trend of the big cake, which showed a diffuse triangle shape, causing market confidence to be frustrated. People who were originally firmly optimistic that Bitcoin could hit 100,000 or even higher began to waver in the sharp market fluctuations, and many bulls even turned to bearish. The altcoin market also suffered a heavy blow, continued to fall, and the confidence of retail investors was hit hard. The question of whether the bull market has ended once again shrouded the market.

However, after the halftime break, from November 2024, Bitcoin re-broke 73777 points, which marked the official opening of the second half of the bull market. Bitcoin soared all the way after the breakthrough, quickly approaching the 100,000 mark. Ethereum also achieved a gorgeous turn from rebound to reversal, and altcoins also ushered in a sharp rebound, with an increase generally between 1 and 3 times. These signs all indicate that the second half of the bull market has arrived.

In the second half of the bull market, it will be easier to make money. Because when the market reaches a certain height, the consensus of the bull market will be further strengthened, and the bullish force will be more condensed. At this time, all the forces of the market will come together to jointly drive the market up. Therefore, at this stage, we should actively prepare funds and give it a try. After all, whether a few years of waiting can be transformed into tangible benefits depends on this wave.

As for why it is said that it is the early stage of the second half of the bull market, it is because the market has just shown signs of recovery and has not yet formed a consensus expectation of full bullishness. There are still many people who are cautious about the market. Only when everyone no longer worries about a big correction and is no longer afraid of highs, will the market gradually move towards the middle or late stage of the second half of the bull market.