Looking back at the first three bull markets:
Each bull market cycle lasts approximately 18 months. The altcoins at the bottom will increase at least 4, 5 times, or even 100 times in the middle of the bull market. Leading currencies will hit record highs in the late stages of the bull market.
The current situation:
This bull market has been running for 3 months. Bitcoin and Ethereum prices have increased by 50%. The altcoins at the bottom have doubled or tripled.
analyze:
If this bull market continues for 18 months, the remaining time will be 15 months. The leading currencies are still 5-10 times away from their historical highs. If there is a deep correction, there may not be enough time.
in conclusion:
There is still plenty of room for this bull market, but there may not be enough time. After the leading currency pulls back, it is a good opportunity to take a heavy position.
risk warning:
The cryptocurrency market carries huge risks, so investment needs to be cautious. The bull market cycle may end prematurely. The leading currency may not reach new all-time highs.
suggestion:
Do a good job in risk control and do not blindly chase the rise or fall. Choose high-quality leading currencies for investment. Buy in batches to reduce risk.