In 2016, when I first encountered Bitcoin, it was around April, and at that time, it was 2000 yuan. By the end of the year, it had broken through seven or eight thousand (it's a pity we were so inexperienced back then; seeing this increase scared me directly, so I quickly sold some). The next year, it peaked at 19800.

During the same period, Ethereum went from 7 dollars to 1400 dollars.

In 2021, in this round, at the beginning of 2020, it was around 9000. When the pandemic hit, the US stock market had various circuit breakers, and Bitcoin plummeted, dropping to about 4000, which the crypto community calls 312. Then by the end of the year, it broke through the previous high of 19800, and the next year peaked at 69800. All of us believed it could break 100,000, so I couldn’t sell off in time; it dropped to 56000 before I cleared out, and I stubbornly held on until today’s next cycle.

During the same period, Ethereum dropped to a low of 80 dollars during 312, and the next year rose to nearly 5000 dollars.

So in this round, if it can follow the same trajectory as before, based on the current price of 95,000, it will definitely break new highs by the end of the year, and it is very likely to directly surpass 100,000.

Then in the first half of next year, it may exceed 150,000, and in the second half, it is highly likely to break 200,000.

As for Ethereum, it is very likely to reach over 10,000 dollars.

This year, the biggest pullback for Bitcoin was at 48,000, which is very likely the bottom of the next bear market (in the range of 40,000 to 60,000). Unless we encounter a black swan event, there won’t be much time below this range...