In this round of the bull market, I personally believe that the current trajectory is basically consistent with the previous market trends.

However, in a major bull market, most people end up losing money and exiting because most people prefer to chase highs and sell lows.

Looking back at the previous market:

In March of this year, Bitcoin broke through its historical high, and altcoins also experienced a wave of market activity. In April, Bitcoin plummeted, and altcoins followed with a significant drop.

By the end of May, Bitcoin returned to its previous high, and altcoins also followed with a rise, but altcoins did not fully follow suit.

During these two market waves, Ethereum has struggled to strongly break and stabilize around the $4000 mark, with $4000 to $4200 being a heavy resistance zone, facing significant selling pressure.

March of next year will be Ethereum's biggest opportunity, as it will undergo a significant upgrade during that time, and market trends often anticipate this in advance.

Looking ahead, Bitcoin should return to the vicinity of its previous high, and then altcoins will continue to follow with a rise.

Next will be a few months of adjustment period,

Bitcoin at 100,000+ is just the peak of a phase, but it definitely does not mean it will be the end for Bitcoin.

This round of Bitcoin's bull market is a game of chess among institutions, so institutional funds will not withdraw quickly in the short term. #比特币市场波动观察