The bull market for Bitcoin has ended, and we have now entered a bear market.
The peak of this bull market occurred on 2025/10/06, with the price of Bitcoin at 126,000. I also do not wish to speak negatively about my career, but according to the "four-year cycle theory," the price of Bitcoin has indeed peaked. I just want to convey this fact to more newcomers who have entered this cycle.
In my opinion, the "Bitcoin halving" has the greatest impact on the price of Bitcoin; it is much larger than any other event (macroeconomics, regulatory policies, geopolitical issues, wars, pandemics, etc.). The four-year cycle theory is a cyclical theory that revolves around Bitcoin halving, and it is currently the most reliable cyclical theory in the cryptocurrency space, without exception.
The core of the four-year cycle theory is: "Bitcoin halving" dominates the rhythm of Bitcoin's bull and bear transitions, dividing the fluctuations of a Bitcoin bull and bear cycle into 4 parts, which are:
Bull Beginning >> Halving >> Bull End >> Bear Market
Before the "halving," there will be a "Bull Beginning," After the "halving," there will be a "Bull End," The "halving day" will be interspersed in the "middle region" of the entire bull market, The duration of the "Bull Beginning" and "Bull End" is basically similar,
After the "Bull End," there will be a bear market lasting 1 year, and then we will wait for the next "halving day" to drive the next "Bull Beginning" market, and so on, ad infinitum.
From the diagram below, we can see that the "Bull End" of this round has already concluded, and we have officially entered the "Bear Market" zone. Even if the date I mentioned may not be absolutely accurate, there is no need for us to continue betting in this zone.
It’s hard for BNBChain to have a KOL that replicates @blknoiz06
Behind $ANSEM, there are great market makers working together and actively making markets. The ecosystem projects across the entire chain are also cooperating to give it a push. On the surface it looks like a KOL simply shouts something and sends a few airdrops to everyone—then it keeps climbing all the way to 400m.
But anyone who’s played Memes knows that any Meme that emerges naturally from market PvP inevitably involves lots of switching hands and constant game-playing in the middle. It’s unlikely to produce a chart like $ANSEM, with large profit-taking positions and yet still moving counter to physics.
On BNBChain, although Binance will clearly tilt toward BNBChain in terms of listings, and @cz_binance and @heyibinance sometimes also interact to help, from start to finish, the entire Binance and BNBChain official team will not proactively interfere with the price of any Meme.
A memecoin distributes more than 50% of the total supply to celebrities who don’t sell their coins. This kind of setup increases price volatility by more than 2x—when it goes up, it accelerates upward, and when it goes down, it accelerates downward.
Is this a bear market? The market has little money, so people start doing these low-cost, high-efficiency memes. Back when there was money, everyone just played fully liquid memes. Now that there isn’t, they’ve started playing semi-liquid ones 😂
That’s so exaggerated—there’s only this one comment
On-chain, $CZ’s coin has surged 255x within an hour. This comment doesn’t seem to have any particularly strong connection to this coin. The funds on BNB Chain feel unbearably thirsty.
But considering that this coin gives 70% to CZ, the circulating market cap at the peak of 35m should be around 10m. https://x.com/cz_binance/status/2073515696965738686?s=46&t=bclZKQ7YgvK0H7eLDWG68Q
If $BTC can’t hold steady at 60,000, then it’s very likely that it will continue to fall. Of course, based on the current structure, there’s also a possibility that it will keep ranging sideways.