Grayscale Report Deep Dive: The Crypto Bull Market Still Has Half the Journey to Go!

I often look at the research reports from large institutions, and they seem much more reliable than those random statements from KOLs online. Especially those macro reports, institutions can view the market from the perspective of the entire industry, and there are professional teams to analyze for us.

Recently, I read Grayscale's report titled 'Current State of the Crypto Cycle,' which discussed where the cryptocurrency cycle stands right now and predicted how the market will change in the future. Let me summarize the three key points from the report:

Grayscale analyzed a lot of data and believes that the price of Bitcoin has not yet reached its historical peak. Bitcoin and other cryptocurrencies are like products online, and their prices may continue to rise. They also used some indicators to determine the current stage of the market, and the result is: the market is like climbing a mountain; we haven’t reached the top yet! If the fundamentals of the market, such as the extent to which people use cryptocurrencies and the macroeconomic situation, remain good, the bull market could last until 2025, or even longer!

Grayscale stated that the cryptocurrency market is not just dominated by Bitcoin; other coins are also very important. Especially about two years after the bull market starts, Bitcoin's market share will reach its peak and then begin to decline. At this time, altcoins will have their opportunities, and their market share will start to rise. Therefore, investors need to pay attention to the performance of other coins to better judge whether the market is nearing its peak.

This bull market has many new changes compared to previous ones. The most obvious is that the U.S. has started to approve trading products for Bitcoin and Ethereum, attracting $36.7 billion in capital inflows and allowing more people to accept these digital assets. Additionally, after the U.S. election, regulation may become more transparent, which is great for the position of crypto assets in the U.S. Therefore, Grayscale believes that the valuation of Bitcoin and other crypto assets may no longer increase in four-year cycles as before.

Recently, I plan to take a position in a potential coin that is ready to explode, and doubling my investment seems quite easy. I am also looking for some potential coins to hold until the end of the year, expecting a tenfold return is not a problem. If you want to follow my progress, leave a message, follow, like, and gold. Skirt