PlanB: The bull market will still last for 9 months
On February 8th, renowned analyst PlanB, who has 2 million followers on X, posted a chart indicating that upon backtesting historical data, all Bitcoin profits occurred during the red periods in the chart (6 months before and 18 months after halving), while all losses happened during the blue periods. We are currently in a red period, and the bull market will continue for another 9 months (from February to October).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: If ETH falls below $2,869, the cumulative long liquidation intensity on major CEXs will reach $847 million.