People always say that the bull market is coming, but as the end of the year approaches, when will the real big bull market come?

First of all, we need to understand the law of the bull market: usually, the bull market will first experience a small bull market, then experience a period of decline and shock, and finally usher in a comprehensive big bull market. This process is like running a marathon, starting with a warm-up jog, followed by a medium-speed run to accumulate strength, and finally a full-scale sprint.

At present, we have completed the stage of the small bull market and are now in a stage of shock or decline. This stage may last for 4 to 6 months, like a short storm. But don't worry, after the storm, there will be a beautiful rainbow.

Why does the market fluctuate or fall? There are several reasons. First, some newly listed altcoins have not experienced a sharp rise, and they need to prove their value through a wave of gains. It's like new friends at a party need to show their talents to fit into the circle.

Secondly, many large institutions have entered the market, especially "big cars" like Bitcoin. For these large institutions to start, consensus in the market is required. If only individual institutions want to act alone, it is impossible. It's like teamwork, and it takes everyone's concerted efforts to succeed.

Although we can predict large market cycles, short-term market fluctuations are elusive. Just like the weather forecast can predict the weather for the next week, but it is impossible to be sure whether it will rain tomorrow. Therefore, at this stage, we cannot accurately predict short-term ups and downs. But as long as our direction is correct, a short-term plunge or surge will become a signal for us to judge the direction of the market.

Although the rhythm of the bull market has not changed, the cycle has changed. The small bull market that was originally expected to be completed in 2024 is now postponed to the second half of 2024. This means that the main uptrend of the bull market may take about half a year to arrive. It's like the performance time of a concert has been postponed, but as long as we wait patiently, we will eventually be able to enjoy the beautiful melody.