Have you ever thought about a question? The cycle has never been exactly four years; it's about four years, give or take half a year before or after. Three and a half years is also acceptable.

I used to think that the cycle had changed or no longer existed, but that was very naive. The cycle will always be there. Even if it changes, it won't undergo a huge transformation in a short period; it will only change gradually, just like Earth's rotation and revolution—changes that humans cannot perceive.
Last year, I firmly believed that 120,000+ was the top. Judging this doesn't require any extraordinary skills; the top of each bull market cycle has diminishing gains. Just understanding this is enough.
So, the next Bitcoin bull market top will not exceed 200,000.
#2026第一贴