I think this round of the bull market, to put it bluntly, is just a series of peaks, and the trend is just like the last one, it’s almost like they were carved from the same mold.
Although this metaphor is a bit cliché, it really is the main force's routine. Retail investors are clear as day, but when the time comes, they still can't avoid falling into the pit.
Think about the last wave of the market:
In March, BTC surged and broke the historical record, and altcoins also benefitted from it, becoming a hot topic.
As a result, in April, everything crashed in an instant, and altcoins didn’t escape either.
By the end of May, BTC slowly climbed back to that high point, and altcoins also had one last wave of frenzy.
In the current situation, BTC is likely to make another push for that high point, and altcoins probably have to jump along with it. Then, I estimate it will be several months of adjustment period.
Speaking of 100,000+, that’s just the peak for BTC at this stage, not its final destination.
When it comes to making money, those folks on Wall Street are much more patient than retail investors.
