The cyclical changes in the cryptocurrency market have always been the focus of investors' attention. Looking back, we can see some interesting patterns: a two-year bull market from October 2005 to October 2007, a one-year rapid rally from June 2014 to June 2015 (terminated by regulatory intervention), and a long-term rally from January 2019 to January 2021 (and even to July). Although history is not simply repeated, these cyclical laws are undoubtedly worth pondering.

Based on these observations, the current market trend may continue for 18 to 24 months. If September 24, 2024, is considered the starting point of this round of market activity, then the peak of the cycle may occur around March or April 2026. Therefore, it is crucial to maintain patience and a long-term perspective.

Each market cycle provides investors with opportunities for asset appreciation. A wise approach is to maintain a stable investment strategy throughout the cycle, rather than trying to precisely grasp the market top or bottom. It is worth noting that market consensus often has a lag, which means that when most people become aware of a certain trend, the best investment timing may have already passed.

After the bull run ends, a diversification investment portfolio may be a wise choice. Observing potential opportunities in other asset classes such as the real estate market may bring new investment prospects. However, it is important to maintain independent thinking and not blindly follow group sentiment.

The Belvoir Economics theory suggests that significant events always occur again, but never in exactly the same way. This reminds us that while historical patterns can serve as references, investment decisions should still be based on current market conditions and individual financial goals.

Finally, it is worth noting that recent market changes may be related to some important events, such as Federal Reserve Chairman Powell's semi-annual monetary policy testimony, as well as news of some large institutions increasing their holdings of Bitcoin. These factors could all impact market sentiment and direction. Stay vigilant and keep learning to remain competitive in this market full of opportunities and challenges.