Summary of the 2024 Bull Market (For Easy Reference in the Next Bull Market)
1. In March, a peak was reached, marking a small bull market. From March to October, there was an 8-month period of triangular oscillation. During this time, many doubted the bull market, and altcoins experienced a significant downturn, erasing all gains made before March.
2. In November, Bitcoin began to break out of the triangle and recorded four consecutive weeks of upward candlesticks. During the first half of this period, only Bitcoin was rising, while altcoins seemed to be struggling, leading to much frustration among traders due to the lack of gains in altcoins.
3. In the later part of November, some altcoins started to gain momentum while Bitcoin experienced a triangular oscillation. Thus, the earlier skepticism that the altcoin season would not arrive was proven incorrect.
