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I would like to share my personal thoughts and conclusions on the overall trend and direction from this year to next year, as well as my outlook and views on the next halving cycle, for reference only.
After 12.18, the market's focus basically tilted towards information, subject to the changes in Trump's new policy. Except for BTC, the bull market of most currencies has indeed ended in the short term. Since the expectation of interest rate cuts in March is extremely low, there is no meeting in April, and May or June is basically the first interest rate cut this year, it is determined that February to April is a vacuum period of shocks, which will be repeatedly up and down. The process is more painful, but risks and opportunities coexist. This period is also the implementation and promotion period of Trump's new policy of tariffs, crypto market supervision and other policies. These are transmitted to the market, and there are large fluctuations in the short term. The bottom pattern on the current market may be basically the same as the trend of the period from August 5 to November 5 last year. The daily line needs to re-build the bottom step by step to reach a low point, and restart the next wave of market when the expectation of the next interest rate cut heats up. Therefore, especially in February and March, the currency market may still have a large adjustment.