It's really useless to discuss cows and bears now! Because we are most likely in a super cycle! Brothers, please be aware that, At present, it is in a super contradictory stage in the development history of Bitcoin. It could be a weak burst cycle, or it could be incredibly strong! The key indicators of traditional speculative demand and market saturation have not yet been activated. So it is widely believed in the industry that the real bull market has not yet arrived. The weakening of market momentum can mainly be seen from two aspects: fundamental signals and speculative potential. The fundamentals have been developing according to a power-law growth model, with the potential to maintain a compound annual growth rate of 40%. But speculative potential energy weakens regularly in each cycle. Based on current trends, the peak of this cycle may reach $185000 in the fourth quarter month. But brothers need to note that Bitcoin ETFs greatly simplify the entry process of institutional funds, coupled with the fact that the entry speed of sovereign countries far exceeds the expectations of enterprise level applications, which indicates that speculative momentum may be brewing a new situation. The sideways accumulation of momentum has broken through, and the price of the currency has unprecedentedly hit a historical high before halving (although the actual impact on the supply side is limited, the market psychological effect is significant). From these signals, it can be seen that an unprecedented "super cycle" market structure is taking shape, which may bring about the craziest upward trend in Bitcoin's history! What will happen? Let's just wait for time to give an answer! So currently, investing is still a good strategy. BTC This article is sponsored by Gateio | @ Gateio_zh