At present, the market is considered to have finished the bull market.
This round of market is at most the bull market in the whole cycle, and it has reached the end of the bull market. Some people can also see that the upward trend is almost over, but the market does not fall, but fluctuates. I think there are several main reasons:
1. The market has not risen yet. It needs to wait for some of the altcoins to rise, especially the new coins, which fall as soon as they go online, so the market needs to wait for these coins to rise.
2. The car is heavy and many large institutions have entered the market. Especially for Bitcoin, when the car is heavy, whether it is rising or falling, it needs to reach a consensus before it will start, otherwise some institutions will not be able to smash it.
The big cycle is predictable, and the small cycle is unpredictable
At this stage of the market, the big cycle can be predicted. The trend will be volatile or falling in the next 4-6 months, and in this process, the means of cutting leeks are very obvious. The old leeks have been cut, and the newbies dare not enter the market.
A considerable number of spot players cannot stand this kind of shock, so they switch to contracts and lose everything in the end.
There are still traces to follow when the market pull-up phase just ends, because the rules after the pull-up end basically remain unchanged, but after the market has completed the peak, there is no way to predict how the market will change at this stage. The cloud map system has no way to predict the short-term at this stage. The large cycle monthly line is bearish, but the weekly, daily, and hourly lines are already difficult to predict, including some other indicators. After entering the volatile market, the support and resistance of the Vigas Tunnel are broken regardless of whether they are broken. Therefore, the market cannot predict the short-term at this stage. Only after choosing the direction, can we identify the direction after a short-term plunge or surge.
The rhythm of the bull market has not changed, but the cycle has changed
The previous bulls should have been completed in 2023, but this round of bulls will not be completed until the first half of 2024, which is basically delayed by 6-9 months. Therefore, it may take nearly half a year for the main bull market to come. The cycle has changed, and the rhythm of the bull market has changed. When most old leeks can't find the rhythm, they can only lose money. This trick of the dog dealer is really a dog, too cruel.
Finally, it is becoming increasingly difficult to make money in the cryptocurrency world. After this round of bull market, the size of the cryptocurrency world may exceed that of gold, and it will become even more difficult to play in the future. Perhaps this round of bull market is the last chance for retail investors.
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