$ETH Since the halving in April 2024, investors are watching for any signs of recovery. The price of Bitcoin is stagnant, oscillating between hope and uncertainty. However, historical data suggests that the months following a halving are often explosive. Will 2025 be the stage for a new bull run? Spot ETFs in the United States and institutional interest could play a decisive role. But the global economy remains fragile, and the Fed's decisions still influence the crypto market. Should one be patient or reposition themselves right now?