The current situation of the altcoin market is indeed worrying, but its durability remains to be seen, and a turnaround may be brewing quietly.

Looking back at the historical trajectory, before the halving of Bitcoin in 2016 and 2020, the market generally experienced a deep adjustment period of 15 to 20 weeks, which is an important stage for the market to purify itself.

Entering 2024, Bitcoin will usher in another halving, and the market will also experience an adjustment cycle of about 15 weeks, which further confirms the law of cyclical fluctuations in the market. Therefore, we have reason to believe that the current market consolidation is a necessary preparation for the next round of prosperity.

My personal opinion is that the story of the bull market is far from over. In 2025, we may witness an unprecedented super bull market feast, and its potential and scale are yet to be further explored by the market.

There is still no shortage of high-quality and potential tokens in the current market, and their prices are at a relatively low level, providing investors with valuable entry opportunities. If funds allow, I will seize the opportunity and increase my holdings in a timely manner.

It is worth noting that the overall market value of altcoins has shown signs of a second bottoming out in early June 2023. Although it has not yet reached a new low, this has added some uncertainty to the market trend. However, it is this uncertainty that breeds new opportunities. Once the market completes the final bottoming process, I will not hesitate to increase my investment.

In the face of current market fluctuations, we should remain calm and patient and cherish the investment opportunities in front of us. As long as we can firmly believe and survive this difficult consolidation period, I believe that the future bull market will come as promised. If you give up easily at this moment, it will be the biggest disappointment to potential gains.

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