Has the market entered a bear market? What to do?

1. What is a bear market?

When you find that no matter how hard you try to hold a cryptocurrency for the long term, the more you hold it, the more it drops, the market has entered a bear market.

2. What are the cycles of bulls and bears like?

In my opinion, the bull and bear cycles can be classified by duration into short bull, short bear, medium bull, medium bear, long bull, and long bear:

Short bull and short bear last from 10 days to 2 months.

Medium bull and medium bear last from 3 months to 6 months.

Long bull and long bear last over 7 months.

3. How to correctly define bulls and bears?

Based on years of experience and the persistence of bulls and bears, I think bulls and bears should be defined as follows:

The time span of wave 1 - wave 2 - wave 3 is collectively referred to as a bull (the body of the bull).

Wave 4 is called a bear at a lower level of the cycle (during the decline of the bull demon king or the mistress's wave 4, the decline of fish, shrimp, and crabs can usually reach 40%-70%, which is a significant drop, so it's not an exaggeration to call it a bear).

Wave 5 is called a bull (the end of the bull).

The waves after wave 5, a wave, b wave, c wave, and their variations are collectively referred to as bears (a bear larger than wave 4).

4. What to do in a bear market?

What to do in a bear market? Timing is more important than position. Reduce the frequency of trades, based on the Fibonacci sequence, at key time nodes, buy during significant drops, take profits on 15-30% rebounds, until the bear market ends!

5. Key time nodes

34 days (January 20, 2025, close to the Spring Festival, it is likely to drop during the Spring Festival, short bear).

55 days (February 10, 2025, the 13th day of the lunar new year, must take a shot here! Approaching the Lantern Festival, short bear).

89 days (March 16, 2025, medium bear).

144 days (May 10, 2025, extreme adjustment challenge time for super cycle 3-3-2, medium bear).

233 days (August 7, 2025, can be identified as super cycle 3-2, long bear).

377 days (December 29, 2025, fully identified as super cycle 3-2, long bear).

6. The next important time node

Confidence is very important. I hope this will be a short bear, and we can get through it soon!

Last time I advised to bet on a rebound during New Year's Day, and it indeed rebounded!

This time I urge everyone to take a shot on February 10, 2025, no matter what!