In the Crypto Assets market, understanding the cyclical characteristics of a bull run is crucial for investors. Here are several key insights about market trends:

First, during each major bull run, Bitcoin typically experiences 5 to 6 pullbacks. These pullbacks usually range from 15% to 40%. Although they may seem unsettling, they actually provide investors with excellent entry or accumulation opportunities.

These pullback periods should not be seen as signals to reduce holdings or cut losses; rather, they are a good opportunity for investors to test their psychological resilience. Each successful navigation through a pullback period strengthens and enhances the investor's mindset.

It is worth noting that after a pullback ends, the portfolio not only can recover its previous value but often also achieves higher returns. This pattern tends to repeat, and after each pullback, the market has the potential to break through previous highs, eliminating psychologically weak investors while rewarding those who persist with substantial returns.

Given the current market conditions, it can be understood that the first half of the bull run has ended, and the market is undergoing necessary adjustments. Looking ahead, especially after the Bitcoin halving event, we may see more intense and exciting market movements.

Overall, it is crucial to maintain patience and a long-term perspective in this dynamic market. Understanding and adapting to these market cycles can help investors stay calm amid volatility and potentially benefit from it. However, always remember that the Crypto Assets market is highly risky, and investment decisions should be based on individual risk tolerance and comprehensive market analysis.