Trader Bonk Guy said the price action seen over the past few weeks on Robinhood Chain and BNB Chain may only be a warm-up. According to ChainCatcher, he expects the real move could begin in the fourth quarter, with recent gains potentially representing only a small part of the broader trend.
He said many investors remain overly defensive after the bear market and may have missed recent opportunities. Trading habits that helped protect capital during the bear market could also limit returns in a bull market if investors fail to recognize when conditions have changed and adjust their framework accordingly.
Bonk Guy added that pullbacks are still likely ahead, but in a true bull market, dips are often opportunities to add high-conviction positions. He said it is more important to identify the market direction, position early, and allow enough time for the investment thesis to play out than to predict every short-term move.