#Gate广场圣诞送温暖 Many people do not recognize the bearish short and bullish long trend of the US stock market.

However, since December 2022, those who have been replicating the previous cycle basically haven't made any money because their understanding of the fixed cycle is the altcoin season. However, those diamond hands (dollar-cost averaging, holding altcoins for the long term) have all lost money. Many of my friends, those players who firmly believed in the altcoin season, have instead encountered the altcoin sacrifice.
I have experienced multiple rounds of bulls and bears in the crypto world. In the past, whenever Bitcoin rose (bull market), there would be a season of altcoins (altcoins rising together), but this time it has failed.
The upcoming new cycle, due to the strong involvement of the U.S., will result in the cryptocurrency becoming more aligned with U.S. stocks, leading to increasingly shorter bull and bear cycles for Bitcoin.