According to my personal observation and analysis, we are now at the end of the early stage of the bull market, and the mid-term has not yet begun.
For the entire cycle, we have just begun. I wonder what you think?
First, let's discuss the beginning of the bull market. When the price of Bitcoin (BTC) continues to rise and gradually approaches the historical high (ATH), there is usually a period of adjustment, which lasts about one to three months, marking the end of the early stage of the bull market.
Next, let's talk about the mid-term stage of the bull market. In this stage, Ethereum (ETH) and other public chain projects reach their highs one after another, and then experience a round of adjustments. This adjustment period usually lasts about a month, and at the same time, you will notice that Bitcoin's market value share in the entire cryptocurrency market gradually decreases. This means that the mid-term of the bull market is about to end.
Finally, let's discuss the end of the bull market. When Bitcoin and Ethereum reached their historical highs, various small altcoins began to explode on a large scale, and various sectors rose in turn, marking the beginning of the late stage of the bull market. At this stage, Bitcoin's market value share in the entire market continued to decline, and the greed indicator also reached a historical high. Once this phase is over, it means the bull market is about to end.
Therefore, based on my personal observations and analysis, we may now be at the end of the early stage of the bull market, and the mid-term has not yet begun. In terms of the entire cycle, we are actually just getting started. What do you think?
