Recently, the performance of Bitcoin has been disappointing, and many altcoins have experienced significant fluctuations as a result. Friends have been asking about the next course of action and whether $74,000 is already the peak of this bull market.

Let's make an analogy to make it more intuitive. The current situation is very similar to the situation where Bitcoin oscillated around $25,000 last year. Due to the previous big pump in the bull market, many people feel uncomfortable with the oscillation and adjustment, forgetting the feeling of a bear market.

Looking back at the market at that time, Bitcoin oscillated around $25,000 for half a year before it started to gain momentum. The monthly candlesticks were all bullish for six consecutive months, with each month experiencing an upward trend. It was a very good market period.

Current market sentiment

According to the analysis, there are two main types of people who are eager to operate now.

1. Chasing Rising Prices: Continuously chasing after rising prices in the past six months has resulted in limited floating profits, and any pullback could potentially harm the principal.
2. AltCoin heavy holders: These people who don't have a position in mainstream tokens (such as Bitcoin) will feel uncomfortable during a bull market, because Bitcoin once again proves its "eternal god" status.

Investment advice

Mainstream Token and AltCoin Configuration.

Altcoins are suitable for small capital operations, but if the amount of capital is large, it is highly recommended to allocate Bitcoin. The big pump and dump of altcoins will greatly test the mentality of operations, especially when large capital is mismanaged, it can easily lead to significant losses.

This bull market's second half is destined to be more difficult to navigate. Although the approval of ETF is favorable information, it also means that the regular army is entering the market. These regulars, who have hundreds of years of trading experience, are adept at manipulating retail investors.

Bitcoin's strategy can remain unchanged, hold it for the long term, as it will not make you lose money in the long run. However, altcoins carry greater risks and require better position management and selection of targets.

Market Outlook

Currently, Bitcoin does not have the conditions for another significant rise. It is expected that the market will experience a period of dull fluctuations, which is a good opportunity for layout. The high-quality projects listed in this stage are more worthy of attention because their valuations will not be too high.

In the long term, there are basically no signs of Bitcoin topping out. The financial reports of major technology companies in the US stock market are performing well, and there is little possibility of a big dump in the market unless there is a black swan event. After a period of volatility, the market will welcome the next wave of trends, and there may be a strong uptrend for several months again.

Mental adjustment and experience accumulation

Do not panic because of short-term pullbacks. As long as you don't blindly chase after altcoins, it is a normal episode in a bull market. If you cannot tolerate fluctuations, you can choose to temporarily stay away from the market. If you can handle fluctuations, you can accumulate experience and improve your trading skills. With good mindset management and trading strategies, you can stand undefeated in the future market and even achieve financial freedom.

There are many people who achieve financial freedom through investment, by adhering to the right strategies and mindset management, you can also become one of them.