Recent analysis suggests that the cryptocurrency market is currently in its fourth bull market. Historically, these bull markets tend to last about a year. Typically, the first eight months show a gradual decline, followed by a brief surge of two months, and then a peak during the final two months. Given that this bull market started on December 23, we can expect six more months to unfold. The surge is projected to begin in October and continue until around May 2025.
It's important to note that this perspective is based on analysis and not established fact. The cryptocurrency market is rapidly evolving and needs to experience significant growth to match the market value of gold. Market cycles generally span four years, with the main surge lasting 3-4 months. Missing this period could result in lost opportunities or even losses. Additionally, significant market corrections are necessary to eliminate scams and subpar projects.
During a bear market, it's advisable to focus on holding only BTC and ETH, as other investments may not be as promising. Exercising patience and waiting for the upcoming bull market is crucial, avoiding hasty decisions at this stage.
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