Currently, where are we in the halving cycle?



If we strictly follow the pattern of the first three cycles:
2022: Bear market
2023: Bottom sideways trading
2024: Slow bull run after halving
2025: Main upward wave
2026: Bear market

You'll notice:

This is not the late stage of a bull market, but the early stage.

That's also why many people feel:

“Why is the rise so sluggish?”
Because the real market movement hasn't started yet.
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