The cryptocurrency bull market has lasted for over a year, and investors should stay alert in response.
Since mid-October 2023, the current cryptocurrency bull market has continued for more than a year, contrary to the misconception that it is just beginning. According to historical patterns, the cycle after the Bitcoin halving in April this year was originally expected to end in May 2025, but the situation has changed due to the inclusion of mainstream financial products like ETFs.
In this round of market activity, some have profited by holding spot assets, for example, buying and holding Dogecoin at around 0.07 and Shiba Inu at about 0.000008. However, many have seen their principal decrease due to frequent trading and participation in contracts.
The cryptocurrency bull market has moved past the stage of wild growth. Investors should adopt a strategy of dollar-cost averaging in bear markets and selling in bull markets, using funds that do not affect their daily lives for investment. At the same time, they should reduce attention to news and analysts' comments, choose reliable analysts for assistance, and maintain their own discernment to avoid blindly following or relying on others.
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