What stage is the cryptocurrency market currently in?
If we distinguish between bull and bear markets, we should now be in the middle of the fourth cryptocurrency bull market.
A 4-year cycle, a 3-year bear market, and a 1-year bull market. In a 1-year bull market, the first 8 months are basically a slow wash-out decline, the next 2 months are a rush, and the last 2 months are a peak.
Strictly speaking, the bull market started in December 23, so it is now in the middle of the bull market.
The market's outbreak period should be around October and end around May 2025.
Of course, this is just a view based on history, but the law of past cycles seems to have always been like this.
The cryptocurrency market has a 4-year bull-bear cycle, and the real outbreak period is only about 3 to 4 months, that is, you wait for 4 years just to wait for those 3-4 months.
Once the bull market is over, the cryptocurrency market must also use the potential of a sharp drop to eliminate scams, junk projects, and speculators. The most important thing about the cryptocurrency market is efficiency. It was born to change the efficiency of finance, so it must eliminate junk projects. When the bear market starts, you should not keep anything except $BTC and $ETH. There may be only two targets that can really cross the cycle, one is $BTC and the other is $ETH. Other tokens may just be runners-up.
If you have already configured your position, you must have confidence in your position. Try not to move large positions and wait patiently for the arrival of the bull market.
