Looking back at history, after the halving on July 9, 2016, the market experienced 164 days of volatility, then began a real pull-up, and reached the peak of the bull market 518 days after the halving. Similarly, after the halving on May 11, 2020, the market also experienced 161 days of volatility, and then began to pull up, reaching the peak of the bull market 549 days after the halving.

Now, the halving on April 20, 2024 has already occurred, and it has been 146 days. The turning day is coming, and October is usually the best performing month in the market. If we follow the previous pattern, the market is likely to reach the peak of the bull market about 533 days after the halving in 2024, which is expected to be around the third quarter of 2025. This expectation is consistent with the previous market performance range. "