Four years in the cryptocurrency market is one cycle, divided into five stages:
First Stage: Market Hits Bottom and Bounces Back (This August touched 48000) BTC finally starts to rise continuously when retail investors expect it to drop lower, excellent leading altcoins multiply, and hot money rapidly shifts among various narratives.
Second Stage: Market Grows Amid Doubts (Currently) BTC finally breaks through the consolidation area, bears are continuously cleared out, low market cap and low liquidity altcoins are quickly pulled up, on-chain transactions show many profit opportunities, projects with strong fundamentals are sought after (sui reaches new highs).
Third Stage: Market Starts FOMO (In a few weeks to a few months) BTC breaks through the psychological market price of 73000 dollars, altcoins stagnate and even pull back, BTC continues to break previous highs at an unimaginable pace. Then funds flow back into altcoins, leading to a surge in many altcoins. The market is extremely optimistic about certain leading projects with strong narratives, excellent token designs, powerful flywheel effects, and soaring on-chain data see the most exaggerated increases.
Fourth Stage: Market Peak Period (At some point in 2025) Even vegetable sellers are recommending cryptocurrencies to you, everyone is frantically discussing the great opportunities in the cryptocurrency market, and large amounts of funds begin to flow into simple MEME projects and extremely marketed low-quality projects. Cherish this phase which lasts very briefly, as it is also the best time for you to cash out on your altcoins.
Fifth Stage: Market Crash Wealth is once again transferred, and blockchain is deemed a scam! #BTC