When can we expect the next bull run?

The cryptocurrency market operates in cycles. How many people are waiting for a bull run as 2023 is almost over? Many people are waiting for a turn. The next market surge will occur sometime after the Bitcoin halving. The reduction in Bitcoin supply is the catalyst for the bull run.

The next Bitcoin halving will occur in April 2024. After this event and by the end of 2024, the cryptocurrency market will start to grow and potentially reach new all-time highs in 2025 if market liquidity is established.

Where will liquidity growth begin?

The emergence of more new projects promotes mass adoption and new use cases for cryptocurrencies. The current bear market sets the stage for a surge in mass adoption in the upcoming cycle, when a record number of new users may join the cryptocurrency space.

During bull runs, the number of new crypto users sets records every time: 2013, 2017, 2021, and likely 2025. Historically, bull runs have always led to a massive influx of new crypto users, as seen in 2013, 2017, 2021, and likely again in 2025, with a wider range of large web2 projects transitioning to web3.

Categorized into: Metaverse/gamefi/fan tokens/non-fungible tokens/decentralized dex/new fundraising model/truly decentralized organization DAO/artificial intelligence + web3/more cryptocurrency application scenarios/airdrop methods/L2 and other scalability solutions.

Choose your favorite track to play and hold.

I never agree with the practice of lying flat in a bear market, especially in the process of bear market turning into bull market. Although the more you operate in a bear market, the more you lose. But for trading, you can use part of your funds to operate in a bear market, because now is often the time to prepare for the bull market.

For example, in the early stages of a bull market, only Bitcoin may rise independently, while altcoins will continue to be drained of their money.

For example, in the early stage of the bull market, only a few hot spots can outperform Bitcoin

For example, the explosive power of new things in a bull market is far greater than that of Bitcoin.

For example, you can make mistakes now with small funds, but when the bull market really comes, you will have no time to make mistakes, and every day will be filled with anxiety and emo.

Everything you do now is to prepare for the bull market

What are some strategies for making money in trading?

There are two types:

Strategy 1: Make money from space

Trend strategy earns profits from unilateral space, which is also a trend, but at the same time there will be losses during shocks. (For example, long and short futures)

Strategy 2: Make money with time

The market is volatile most of the time. For option seller strategies, time value is the option seller's friend, and volatile markets are the option seller's favorite.

A trend strategy makes money by taking advantage of space, and an option selling strategy makes money by taking advantage of time.

What remains is execution and confidence. Execution and confidence are processes, and the final profit is the by-product of execution.

The difficulty of trading lies in persisting in a negative feedback state for a long time. You clearly know that your system can make profits, but every once in a while you have to endure unpredictable losses. This fear of future uncertainty, especially in the early stages of capital, will make you suspicious of the system.

As for space, time often has to take over. So whether it is holding spot or using an option seller strategy, I have been practicing the strategy of exchanging time for space for a long time.

Market analysis and strategy

Judging from the market, Bitcoin still maintains a volatile pattern of $35,000. ETH/BTC rebounded, and altcoins made up for the losses. It is worth noting that some old currencies at low levels have seen large increases. From a technical perspective, Bitcoin's K-line continues to move upward.

The rise of some old currencies and currencies that were at low levels in the early stage is more like a compensatory rise. The market funds switch quickly, but the purpose is relatively clear. Coins that have been trading sideways at low levels for a long time are more likely to attract attention from funds. You can appropriately look for such targets and enter and exit quickly.

The weekly line of Bitcoin is okay. Let's first look at it as a pregnancy line idea, with the upper edge of the weekly line 3.6 as pressure, and the lower edge 3.4 as support. Coincidentally, 3.4 is also the key position that has been beeping. Maybe there will be a period of time when it is necessary to use 3.4-3.6 as the range for trading. For example, the previous idea is that if 3.4 falls below, it will be the 3.6 stage top. If it falls below 3.32, 3.6 can be determined as the stage top.

Mid- to long-term thinking:

Upper pressure 3.6 3.75 4-4.2 heavy pressure

Support below Variable 3.4 3.32 Support 3.26 3.18 3 Large cycle oscillation range 3-3.6

Intraday thinking: Support 3.47 (falling below 3.45 is weak) 3.4 Pressure 3.54 3.58

Ethereum is now starting to gain strength. As the Cancun upgrade approaches, the Ethereum Bitcoin exchange rate has been at a low level. Now there are signs of recovery. Next, you can pay attention to the L2 sector.

Potential beneficiaries of Cancun upgrades

Biggest beneficiary: $ETH

Secondly, $ARB $OP in the L2 project

Cross-chain bridge leader $RUNE $AXL $STG $CELER $SYN

Wallet: $TWT $SFP $C98

Decentralized Storage Network $FIL $AR

Including the previously mentioned $IMX, $PERP, etc.

In addition, the coin with the lowest market value in OP is $velo, currently 0.04453

The secondary market is full of chaos, and only by grasping the core narrative can you catch the big fish. For example, can the Devconnect event of ETH on the 13th of this month drive LSD and LSDFI?

1. $CRV $FXS$CVX Prisma Finance, as the dark horse of LST track and LSDfi, empowers tokens such as FXS.

2. LDO\SSV\RPL The old LSD track head

3. $STG L0's cross-chain bridge Stargate, in addition to the SSL certificate announced by L0 on November 3, is also currently in the team of listing on Upbit, the Korean sector engine.

4. $VGX Voyager just destroyed one-third of its supply, and the current supply market value is only $34 million

5. $AGIX High Profitability On-chain Sector Rotation Speculators updated their holdings of $AGIX and $Gala, and Nansen Smart Money tracked AGIX to the list.

6. $ARB $RNDT arbitrum day will be launched simultaneously with the ETHDevconnect event to discuss STIP. The relevant ecosystem RDNT may be the biggest beneficiary of STIP

Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.