The cryptocurrency market goes through a cycle every four years, divided into five stages:
First Stage: Market Hits Bottom and Bounces Back (August this year hit 48000) BTC finally starts to rise continuously when retail investors expect it to drop lower, excellent leading altcoins multiply, and hot money quickly switches narratives.
Second Stage: Market Grows Amid Doubt (Current) BTC finally breaks through the consolidation area, the bears are continuously washed out, low market cap and low liquidity altcoins are quickly lifted, on-chain transactions show many profit opportunities, projects with strong fundamentals are favored (sui hits new highs).
Third Stage: Market Starts FOMO (Weeks to Months Later) BTC breaks the psychological market price level of 73000, altcoins see a slowdown or even a pullback, BTC continues to break past previous highs at an unexpectedly rapid pace. Then funds flow back into altcoins, leading to a surge in many altcoins. The market is extremely optimistic about certain leading projects with strong narratives, projects with excellent token designs, powerful flywheel effects, and skyrocketing on-chain data see the most exaggerated gains.
Fourth Stage: Market Peak Period (Sometime in 2025) Even the vegetable vendors are recommending cryptocurrencies to you, everyone is crazily discussing the great opportunities in the crypto space, and a large amount of money starts flowing into simple MEME projects and extremely marketed low-quality projects. Cherish this stage, which lasts very briefly; it is also the best time to sell your altcoins.
Fifth Stage: Market Crash Wealth is once again transferred, and blockchain is deemed a scam!
Click on the avatar to follow me, I share bull market strategy layouts for free, various contract spot references, become my fan, and I will guide you to safety; you just need to relax.