Ari Paul, the founder and chief information officer of digital asset investment firm BlockTower, stated on social media that the market is currently in the early stages of the later part of a bull market (approximately 70% or 66% progress). Recent buyers are preparing for a rise over the next 6-12 months, with more institutional investors than retail speculators.
He personally expects the market to experience a relatively "gradual" rebound at this stage, possibly reaching $90,000 or even $125,000 for BTC. Retail participation will gradually increase, bringing with it increasing leverage and volatility. Currently, buying suitable assets and holding them for the next few months may be the wisest strategy. In the later stages of the bull market, more aggressive trading will be rewarded.
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