The recent pullback has returned many people to their original state.
Initially, it seemed that the market improved in early December; many people began to enter but ended up not profiting due to choosing the wrong coins or blindly chasing highs, worsening their already limited accounts.
After enduring this turmoil for over half a year, many people in the market are seeking an answer: 'Has the bull market ended?'
Bitcoin has risen to 100k, but many coins are dropping instead of rising; previously well-performing coins are continuously falling to new lows, leaving the market in despair.
'Has the bull market ended?'
For those who ask this question, I think a more important and concerning question is 'How to discern whether the bull market has ended?' 'How to identify a peak and how to identify a bottom?'
If this issue is not resolved, investing daily will be confusing, and you will be anxious every day, 'If it rises, I’m worried if it will rise further; if it falls, I’m worried if it will fall more.'
To determine whether the bull market has ended, one should analyze through the five aspects of 'capital, fundamentals, news, policies, and technicals.'
Rather than greedily thinking it’s time to enter after a big rise, or panicking and fearing losses after a drop.
If the price rises, chase the rise; bull markets will eventually peak, and one will inevitably get trapped.
If it falls, cut losses and leave in frustration, then one will definitely miss out because the market will always stop falling.
Bull markets are not always smooth; there will be countless pullbacks in the process. However, if you worry about the end of the bull market every time there is a pullback, how can you achieve the results of the entire bull market?
Only when you accurately identify the moment of a true peak and the end of the bull market can you reap substantial rewards and avoid major drops, mitigating risks.
The leading coin in the inscription sector, 'ORDI,' those who have followed me for a long time should know when I reminded of the peak risk.
December 26, 2023 ORDI peak reminder: Will ORDI reach $100 after breaking the previous high of $80? Will the momentum in the inscription sector continue to explode? Are there any other potential hundred-fold coins in the inscription series?
This article is a reminder I gave on December 26, 2023, when ORDI was at $80, warning about peak risks. At that time, many people were crazy, believing inscriptions were amazing and ORDI would become a hundred-fold coin; the market was extremely frantic.
But during that most frenzied time, I analyzed the market peak using the '潜龙战法' from SanCai and reminded everyone: 'The inscription sector is about to cut losses.'
The signs of a peak are very obvious.
Having gone through a clear three-phase rise.
A top divergence has appeared.
A 'long upper shadow' has appeared.
The upward bodies are gradually getting smaller.
The magnitude of new highs is getting smaller.
A 'pregnant line' has appeared.
It has broken below the upward trend line.
The slope first steepens and then flattens, and so on...
The more signs of a top appear and the more they align, the stronger the indication of a market peak.
Therefore, I dared to remind of the risks when everyone was optimistic about inscriptions and greedy; many people confronted me at that time.
These people only see greed and fantasy, all saying it will rise significantly again, but they have no idea how to discern market trends or whether ORDI is still in a bull market.
Returning to the question I raised at the beginning of my article: 'Has the bull market ended?'
Every coin has its own bull and bear cycle; the timing of each coin's peak is different. When you master this ability, you will be able to see all opportunities and risks.
Only you can answer your own doubts to truly help yourself.
Now many people are asking if the bull market is still on. Just imagine: if you mastered the ability to identify bull and bear markets, would you still need to ask others? Are others' answers necessarily correct?
If you think the bull market is over, what is your basis for that judgment: 'fundamentals, news, policies, technicals, and capital'? Is the result you derived a comprehensive judgment?
If there is no such issue, but many circles around you are saying the bull market is over and that a big drop is coming, then you should think: do those people have the ability to make judgments?
Making money is a personal matter; no one will be responsible for your money, so what others say is not accountable.
Taking responsibility for your own money is only possible through learning. If you master the techniques to identify bull market peaks and bottoms, will you still worry about not making money? Will you still worry about being led by the market?