The bull market in the crypto world in 2025 is a trio of technological revolution, capital games, and human nature.

If retail investors want to survive, they need to hold three keys and closely monitor macro liquidity: the Federal Reserve's interest rate decisions, ETF fund flows, and changes in sovereign country holdings, which are the core variables determining bull and bear markets. Delve deep into technological moats:

Layer2 performance breakthroughs, RWA compliance, and AI token narratives are the key tracks for capturing excess returns. Strictly guard against risk exposure: keep leverage multiples within 3 times, and limit altcoin positions to no more than 20% of total assets, always reserving 30% cash to deal with black swans.

As Binance founder Zhao Changpeng said: 'Bull markets are machines for wealth redistribution, but what ultimately remains are those 'anti-human players' who use rationality to combat greed.' In this never-ending capital game, the competition is not about who runs faster, but who lives longer.