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$BTC The next bull market may be closer than most people think.
The current market is gradually approaching that familiar phase,
and when we break down the real starting point of the previous bull market, we find:
the previous bull market did not take off directly from the bottom.
📍 November 2022: Fell to $15,479, forming the bear market bottom
📍 January 2023: Reclaimed $20,000
📍 February 2023: Rebounded to $25,270
📍 March 2023: Retested $19,569
📍 April 2023: Broke above $30,000 for the first time
📍 June and September 2023: Returned to consolidate around $25,000 twice
📍 October 2023: Broke above the $31,500 range high, confirming the primary uptrend
The actual path to a bull market launch is:
Bear market bottom→first strong rebound→second retest→repeated consolidation→breakout confirmation.
And this cycle has already shown several very important signals:
📍 October 2025: Cycle top at $126,272
📍 July 2026: Fell to $57,735, forming a potential cycle bottom
📍 September 2026: Rebounded to $87,374, a gain of more than 51%
📍 Now: Back around $73,870, still up about 28% from the potential bottom
What does this mean?
At the very least, it means that since $57,735, the market has no longer been in a simple pattern of continued declines.
Buyers stepped in at the bottom, the rebound was able to break above the previous high, and the price has returned to near the long-term moving average.
What may be missing now is precisely the step the previous bull market also went through before it launched:
A retest, consolidation, and renewed confirmation after the rebound.
So I don't think we have entered a full-fledged bull market yet.
But I am beginning to seriously consider another possibility:
What we're seeing now may not be the start of another major downturn; it may also be the final, long and painful bottoming phase before the next bull market begins.
Market bottoms never form when everyone is bullish.
The actual bottoming phase is usually filled with doubt:
Some think prices will be cut in half again;
Some keep waiting for lower prices;
Some sell after every rebound;
And some, after such a prolonged bear market, no longer believe the bull market will return.
But bull markets often take shape gradually in this kind of environment.
Next, I’ll be watching several key levels:
🔵 $72,550—$73,150: Current first support zone
🔵 $67,750—$69,100: 200-week moving average and medium-term line of defense
🟠 $62,200—$64,100: Deep retest zone
🔴 $57,700: Invalidation level for the potential cycle bottom
The levels worth watching on the upside are:
🟡 $82,900: First confirmation of recovery
🟢 $87,400—$89,100: Confirmation of a bull-bear transition
👑 $98,000—$100,100: Confirmation of the major uptrend
Once BTC reclaims $82,900 and breaks above $87,400—$89,100, the market's character may truly change.
At that point, we won't be asking, “How much further can this rebound go?” but rather:
Has the next trend move officially begun?
My strategy is simple:
I won't go all in betting on the bottom now, but I'll keep a small position to avoid being completely left behind;
If prices retest lower, I'll watch for opportunities to buy in stages at key support zones;
If prices break upward, I'll use right-side capital to gradually confirm the move and increase my position.
Because we don't need to buy at the exact bottom to capture a truly major opportunity.
We only need to stay in the game as the market moves from a bear market to a bull market.
My current view is:
A full-fledged bull market hasn't been confirmed, but a new cycle may already be quietly taking shape at the bottom.
The time is drawing near, and the structure is gradually forming.
What we need to do now is neither be blindly optimistic nor remain trapped in a bear-market mindset.
Instead, we need to prepare our positions, cash, and plans in advance.
If the next bull market really does begin around here, I hope we won't realize it only after prices have rallied, but will already be prepared before it has won widespread acceptance.