Recently, someone always asks me a question: Is this the top of the current market cycle? What should I do now?

To be honest, why bother obsessing over bull or bear markets? Can't you see the current market trend clearly?

History never repeats exactly, but it often rhymes. When I first entered the space, I didn't really believe in the "four-year cycle" theory, thinking it was just a trick seasoned traders used to scare off newcomers.

But looking at recent data makes it clear. In the first few days of the month, when BTC touched the $88,000 range, various altcoins were showing multiple times gains every day. That scene was a perfect replica of the tail end of the 2021 bull market.

The market was scorching hot, everyone wanted to jump in, but behind the frenzy, countless traps lurked. I repeatedly warned everyone to be cautious at that time, but I was accused of "being bearish."