More and more people are on the Bitcoin ship, and honestly, the probability of capsizing is actually decreasing. From my perspective, I really can't find a reason for a "bear market" right now. Don't be too superstitious about the four-year cycle theory; using outdated patterns to interpret the current market often leads to losses.

Regarding Ethereum, I might as well consider myself a steadfast bull. The market is continuously absorbing new participants, with institutional entry and retail follow-up, and this momentum shows no signs of reversing in the short term. The acceptance of crypto assets is increasing, and liquidity is growing, which are all positive signals. As the two main pillars of the market, BTC and ETH are strengthening their fundamentals.

Some people like to predict the future based on historical cycles, but there are too many variables in the crypto market—regulatory environment, technological development, institutional attitudes—all of which are changing. Simply copying past routines can easily lead to missing opportunities or getting caught off guard.