When Bitcoin was over 20,000, seeing 150,000 seemed like a dream, so far out of reach, after all, it requires a 700% increase. Now, looking at it, we are still 50% short.
Ethereum is now over 3,000, and to reach 10,000, it requires more than a 300% increase.
All of this is based on the end of 2025; Bitcoin just halved half a year ago, and there is still a year left, with plenty of time.
Considering the bull market cycle of a year and a half, in the first half, Bitcoin is leading the way, and in the second half, Ethereum will drive up the altcoins.
That being said, dividing a year and a half into two gives us 9 months. Starting from the end of April this year when Bitcoin halved, pushing forward 9 months brings us to February 2025.
At the end of January 2021, Ethereum broke through the previous bull market high of 1,400, and everyone knows what happened next.
Now we have arrived at this critical time point: before things change, everything is relatively similar. If in the next few months, Ethereum drops to 2,500 or 2,000, that would be a different situation.
One cannot say they still have confidence at 2,100; when it rises to 4,100 and then drops back to 3,200, the confidence is less than it was at 2,100.
The correct holding mentality must stem from a firm belief in future positive market trends, rather than feeling pessimistic about future trends. Holding on is out of reluctance, hoping to break even.
If you believe the bull market is coming to an end, then sell everything quickly; you won't be able to recover any of your capital, so don't torture yourself.
- Translated from Fei Ge, Goodie sharing $SOL $ETH #比特币价格走势分析 #美国非农数据即将公布