In July 2024, the market seems to have bottomed out, heralding an excellent investment opportunity. Understanding and following the bull-bear cycle of the cryptocurrency market can provide investors with a clear direction. Once you master this rhythm, investment decisions will be more solid, and all that remains is a firm belief in the industry.
For the strategic planning in the second half of 2024, we may be able to imagine it like this:
1. **Focus on Bitcoin (BTC)**: Assuming that the Federal Reserve takes interest rate cuts, this may be a signal to buy the bottom of Bitcoin. Hold Bitcoin until it breaks through the high of $74,000 set in early 2024, because only when Bitcoin shows strong upward momentum can the arrival of a large-scale bull market be confirmed.
2. **Diversify your portfolio**: Once Bitcoin reaches $100,000, consider gradually reducing holdings and diversifying funds into Ethereum (ETH), artificial intelligence (AI) related projects, Layer 2 solutions, on-chain games, real world assets (RWA), staking services, and meme coins, but be selective and only invest in high-quality tokens with potential.
3. **Forecasting market cycles**: It is expected that by the end of 2025, it is necessary to keenly capture the signs of market peaking, short Bitcoin in time or choose to exit the market to enjoy the benefits. If the macro environment turns to US dollar interest rate hikes and tight monetary policy, this will usually have a negative impact on risk assets including Bitcoin. Historical trends tend to repeat themselves, which is a permanent law.
The above strategies are purely hypothetical in nature, and actual market behavior may be affected by a variety of factors, including but not limited to regulatory changes, macroeconomic conditions, technological developments, and market sentiment. Before making any investment decisions, be sure to conduct sufficient research and risk assessment.