Do you still remember 2023.4—2023.10? Do you still remember 2024.3—2024.10? One bull market, with two mid-cycle consolidation periods. Did you make money during those two six-month consolidation cycles? If not, how much of your profits were pulled back? Take a good moment to reflect, and you’ll start to think more about the potential consolidation cycles within the ellipse. How might they unfold, and how long might they last? Is there hope for seeing Bitcoin hit a new high again? Of course, there’s hope! But the probability isn’t high. And even if it happens, how high could it go? Trading is about win rates and risk-reward ratios. From these two perspectives, continuing to hold positions here or even using high leverage to bet on a rise has very low cost-effectiveness. Instead, why not wait for a massive drop like “519” to start buying in batches? The market’s money is endless, but losses can be devastating! If you haven’t experienced a full bull-bear cycle, You probably won’t truly understand how exciting the bear market of 2021.11—2022.11 was. $BTC