2025-12-09 14:49:51

For this BTC cycle that started in 2023, I watched it complete a standard five-wave pattern. To be honest, the bull market might really be over.

Starting from that $120,000 level drop, I feel like that was the prologue to the bear market. This current rebound? Just a routine move in the early bear market, don’t take it too seriously.

Think about how things played out in 2020—the early bear phase often gives altcoins a chance for a brief climax. But after that? Most likely it turns into a mess, and we fully enter the bear market.

As for where the bottom is, to be honest, I have no idea.

BTC-2.94%

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MetaLord420

· 12-09 15:20

Saying the bull market is over just because the five waves are complete doesn’t really sit right with me. Isn’t it possible for a second round of five waves to start again?

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OldLeekMaster

· 12-09 15:19

The completion of the five waves is indeed pretty impressive, but I still think the bottom will be much lower than you expect. --- People started calling it a bear market as soon as it dropped from 120,000. Honestly, this rebound is just accumulation. Don’t get fooled. --- I still remember how brutal that 2020 cycle was. Now, with altcoins looking like this, it really just feels like a trap. --- To be honest, no one knows where the bear market bottom is. Pretending to know is actually the most dangerous. --- The rebound is so weak, it really feels tough. --- The five-wave theory doesn’t work that well in crypto. History does repeat itself, but never exactly the same way.

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SatoshiChallenger

· 12-09 15:18

Here comes another "wave master." According to the data, the last guy who was this confident is still stuck holding the bag [sarcastic laugh]. History teaches us that the more certain a prediction is, the more likely it is to backfire. What’s funny is that in the end, you honestly admit you don’t know where the bottom is—so what was the point of being so sure earlier? From 120,000 to this current rebound, the irony is that retail investors are all waiting for the "usual move" to give altcoins a chance, but the result is often that the first group in ends up as the suckers. Not to be argumentative, but anyone who’s truly studied cycles knows just how far apart intuition and data can be.

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SerRugResistant

· 12-09 15:17

I also think it's a bit unlikely for the fifth wave to be completed, but you really need to be cautious about the downtrend around 120,000. Is it time for altcoins to rebound? History often repeats itself, so be careful catching falling knives, guys. No one can say for sure where the bottom is. Anyway, I'm just waiting now—I'd rather miss out than try to catch the bottom and end up buying halfway down.

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LightningAllInHero

· 12-09 15:01

The completion of the five waves is indeed pretty wild, but altcoins are still sleepwalking during this rebound. Wake up, everyone.

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MidnightSeller

· 12-09 14:51

The five waves ended perfectly. I've heard this theory a hundred times, but it still keeps dropping, haha. It's the same old "early bear market, altcoin opportunity" thing again. I believed it in 2021, and now my wallet is full of worthless coins. Dropping from 120,000 really hurts, but if you really ask where the bottom is... do you dare to buy in? I sure don't. This rebound is just a bull trap. How am I so sure? Well, what if there's another super cycle? If you don't know where the bottom is, don't talk nonsense. Isn't it better to just hold your coins and watch quietly?

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