Cease your investment activities momentarily and delve into understanding the intricate psychology governing the crypto market. This is paramount, especially if you're a newcomer. Analysts anticipate the forthcoming bullish surge to reach its zenith by the end of 2025, approximately 12-18 months post this year's halving. However, many will inevitably stumble due to errors in judgment. Let's deconstruct the psychological phases:

PHASE 1 - Accumulation:

During this phase, cryptocurrency whales and early adopters seize the opportunity to purchase at lower prices. Though new projects emerge, skepticism lingers. This mirrors the scenario witnessed last year when $BTC plummeted to $15,000.

PHASE 2 - Impulse:

Here, prices experience a surge, undergo correction, and surge once more. Excitement permeates the atmosphere, holders exude elation, FOMO sets in, and altcoins witness a surge in valuation.

PHASE 3 - Euphoria:

Greed becomes the dominant force as prices escalate daily, captivating the market's attention. Anomalies in behavior surface, signaling a red flag for scams! New entrants should exercise caution, particularly when the Bitcoin fear and greed index hits 90.