Hi,
For the past month, after Bitcoin surge, most of the top 50 - 100 altcoins have also gone up.
I know when the initial surge occurred in this cycle back in early 2024, most altcoins crashed by 50% - 60% for about 6 months.
My question to you veterans who went through the previous cycles, where we are at this current cycle, should we be expecting another temporary downturn after the recent gains?
Just always that something might go down after seeing it move up. There's still a balance of what can happen in this market even though we know that we're in the current bull run.
Let's also wait for some good things to come in January and we will see how it is going to be for the next several months to come.
As for the cyclic experience, typically, the next year after halving is always the best that comes. But for this year, we cannot deny that it could also be the best year for a cycle that has happened.