Historically, a major bull market usually officially starts 6 months after Bitcoin's halving. Since Bitcoin halved in October 2024, this current bull market is just in its infancy. After the inauguration of a certain political figure in January next year, the cryptocurrency market may receive a series of favorable policies. If the market sentiment remains optimistic, the bull market could potentially last until the second half of next year or even longer. Moreover, the Federal Reserve may cut interest rates, with potentially trillions of funds flowing into the cryptocurrency market. Driven by institutional and large-capital investors, the bull market could be extended further.

Regarding investment strategies, for core asset allocation, 5 - 70% of the position can be allocated to BTC, ETH, SOL, etc. These are the cornerstones of the current market, and Bitcoin is expected to become digital gold. A 2 - 3 times leverage can be used for long-term布局, especially focusing on Bitcoin's performance as its upward trend can drive the rebound of altcoins. When the altcoin market warms up, 3 - 50% of the position can be allocated to strong sectors, such as those related to the ETH ecosystem. For short-term operations, it is recommended to take profits when the return reaches 20 - 30%, and set the original price stop-loss for the remaining position. In terms of capital management, it is crucial to capture the main uptrend. In a bull market, sector rotation is obvious, and the flow of funds determines the increase in coin prices. It is necessary to closely follow market hotspots and avoid frequent position changes. For those who cannot track the market in real-time, it is advisable to enter the market after confirming signals.

In the initial stage of the market, the rebound of altcoins awaits the gradual weakening of Bitcoin's dominance. Investors should rationally deal with market fluctuations, make reasonable asset allocations, and flexibly adjust investment strategies. If unsure about investment directions, several sectors can be focused on. In the Meme coin sector, both new and old projects have opportunities, with newly listed projects on major exchanges being particularly noteworthy. In the AI sector, related coins have shown strong performance in the past year, and combining with other sectors may present greater opportunities. In the public chain sector, public chains have always participated in the main uptrend of each bull market. However, it is important not to blindly chase highs to avoid being trapped. In conclusion, in this initial stage of the cryptocurrency bull market full of opportunities and challenges, investors need to make cautious decisions and seize opportunities.