According to recent analysis, the cryptocurrency market is currently experiencing the fourth bull market. Historical patterns indicate that these bull markets typically last for one year. The first eight months usually involve a gradual decline, followed by a two-month surge, and culminating in a peak over the final two months. Since this bull market began on December 23, we still have six months to go. The surge is anticipated to start in October and extend until around May 2025.
However, it's important to note that this analysis is based on personal opinion and should not be taken as fact. The cryptocurrency market is evolving quickly and needs to rise rapidly to match the market value of gold. The typical market cycle spans four years, with the real surge lasting 3-4 months. Missing this critical period could lead to missed profits or even losses. Additionally, the market needs significant corrections to weed out scams and low-quality projects.
When the bear market arrives, it is advisable to hold only BTC and ETH, as other targets may not be worthwhile. Patience is key; wait for the explosive bull market to arrive and avoid making impulsive decisions now.
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