If the scenario is correct, we will see a downtrend in June 2026. Another cycle is about to end. According to Rich, BTC 's action this season is the same as last season. If in the 2021 season when BTC reached ATH at 69k and the market raised expectations to 100k but failed, then in this cycle BTC reached the mark above 100k and had ATH at 126k. The crowd continues to move the target BTC will reach 150k but Rich thinks the outcome will be similar to 2021. Maybe the BTC 126k scenario is the peak of this season and this period is just a recovery wave to help parties get out of their goods before the market enters the next downtrend season. Rich thinks BTC can recover to the 110k area and ETH can do better, even outperform BTC in the last wave with special attention from Wall Street. Looking back at this cycle: - 2022 is the time when the crypto market falls into a downtrend. At this time, there are only a few people left on X. The idols who made a lot of money in 2021 are no longer present. Rich thinks this downtrend season may be even more severe when crypto in Vietnam officially has laws, and crypto is no longer a wild land to explore. - In this cycle, Rich was most impressed with 2023. This can be XEM as the premise year and also the most explosive time of the cycle when many waves were formed from this point. Typically, the Layer1 wave with APT x6 and INJ x50 for the first time in 2023. At the end of 2023, the big trend Ordinals exploded with many x10 - x100 times bets, attracting huge cash flow from the Chinese community. - Entering 2024, the market continues to be vibrant when running mini bullrun waves all year and exploding AI crypto wave with WLD x10, TAO x12 bets combined with LSD trend (Liquid Staking) with LDO x4 and many following projects. The entire year 2024 is XEM the year of SOL and the Solana system. This is also the time when the memecoin wave is the strongest and most wonderful of the cycle when SOL revives x29 times from the Dip, creating billion-dollar memecoins such as BONK, WIF, PEANUT, TRUMP, FARTCOIN, etc. Sui system also did quite well in 2024 when price line x10 from Dip while APT plummeted. At the end of 2024, the market will continue to be bustling with the AI Agent trend and many x10 - x20 times bets. - By 2025, everything was completely reversed when Trump officially took office as president. The entire market could only be described in one word: CRASH! There is just over a quarter left until this cycle ends. Rich just wants to Chia with you the best time to enter the market is right after the end of the crypto winter period. That will be the golden time for you to jump in and look for profits in this market. The later the cycle, the harder it is to play, and after each season, when the crypto market adoption level is higher, you should lower your expectations. Especially with altcoins.
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Richard Dang
@watashi_wu
11-26
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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