In the past few months, I can feel everyone's anxiety and anticipation every day. This year's market feels like standing at a crossroads: Bitcoin is oscillating at high levels, and altcoins are not rotating. The crypto market in 2025 seems to be brewing a grand drama, but it is always lacking a little spark.
The question I get asked the most during this time is: How long do we have to wait for the next bull market? Today, let's talk about this ear-grabbing topic.
First point: Do we see the market as turbulent undercurrents or as calm waters?
If I had to describe this year's crypto market in two words, it would be - entangled! Bitcoin has maintained a fluctuation around the 100K+ position from the end of February to early May, especially recently, where it has been oscillating at high levels, unable to break through the 120K barrier.
Ethereum was above 4000+ before the New Year, but the subsequent retracement almost brought it down from its pedestal. Thanks to upgrades and optimizations, it had a wave of catch-up recently, but the price still differs greatly from before. Currently, it hasn't been able to break out independently; what we are waiting for is the next wave of catch-up.
Although high-performance public chain ecosystems like SOL and SUI are expanding, it is still hard to trigger FOMO sentiment.
Looking at the macro level, the uncertainty of global economic recovery, the swings in the Federal Reserve's monetary policy, and geopolitical tensions all cast shadows over the market.
The only place that currently shows hope is on-chain data. Institutions are still hoarding Bitcoin and Ethereum, and the on-chain inflow of stablecoins (USDT, USDC...) continues to rise.
Secondly, if there is another bull market, where will the trigger be?
Every bull market explosion has its 'trigger'. 2017 was about ICOs, 2021 was about DeFi and NFTs, so what about 2025?
The following several directions:
1: Further adoption of Bitcoin as a reserve asset globally.
Although the U.S. has included Bitcoin in its strategic reserves, it doesn't mean other countries have followed suit. If other countries, especially those with significant economic influence, announce that they will include Bitcoin or other cryptocurrencies as reserve assets, it will usher in a prosperous era for the crypto market.
2: ETFs for other cryptocurrencies are being approved.
This will lead to more capital flowing into the market, especially from institutions. The market infrastructure will become more complete, such as custody services and compliance. More retail investors will find it easier to participate!
3: The macroeconomic environment is turning towards easing (interest rate cuts).
Many people are waiting for the U.S. to cut interest rates in September, but many only know that rate cuts are good without understanding the logic behind it.
The simplest understanding is that as deposit interest rates decrease, investors will take their funds out and switch to another market with higher returns, and the crypto market fits this condition well. With liquidity entering, most will go into Bitcoin and Ethereum, while a small portion will be redirected, resulting in a significant overall liquidity injection that will propel the market forward.
4: New signals released domestically.
In 2017, during the 94 incident, I wonder if any friends experienced it; a single notice caused the entire crypto market to collapse.
The previous restrictions were to prevent domestic funds from lifting others, but now, if we don't enter the market, we will have no control at all.
The absolute major shareholder of Guotai Junan International is Guotai Haitong Group, the largest brokerage in the country, with a stake of up to 74%. Guotai Haitong Group comes from the merger of the leading state-owned brokerages Guotai Junan and Haitong Securities, with the controlling shareholder being Shanghai International Group Co., Ltd., and the actual controller being the Shanghai State-owned Assets Supervision and Administration Commission. The Shanghai SASAC has clearly stated that it will promote Guotai Haitong to become the 'main force in building a financial powerhouse' and plans to receive 10 billion yuan in state capital support for innovation in the next five years.
There is no need to elaborate on how large the domestic market is; a single notice in the past could cause an avalanche, and now a single notice can make it bloom in barren land.
The most critical point: Does the arrival of the bull market have anything to do with you?
After reading the above triggers, are you feeling pumped? Thinking about starting to pick up money?
First, check your position. I can tell you directly that if you still choose to hold onto those junk coins, not to mention how much your account appreciates, it may continue to depreciate.
Now my understanding of some old cryptocurrencies is to just give up; they have become cash cows for the manipulators. Any coin that didn’t soar in the fourth quarter of last year should be blacklisted.
A doubling corresponds to a 50% retracement, and a tripling corresponds to a 33.33% retracement. Just look at how much your coins have depreciated, and you'll know if you can continue to hold them.
Currently, capital inflows, apart from Bitcoin and Ethereum, will only enter those coins judged by 'traditional financial analysis'.
Some of the cryptocurrencies I recommended before are now stuck, but that's no longer important; I am not the so-called 'eternal profit master', if wrong, then just change.
If you don’t want to miss this opportunity, take a careful look at the article below, and you’ll know what to do.
The strong will be stronger, and the winner takes it all!
If you do not cut when you should, you will surely suffer the consequences.
Be decisive; rotten wounds must be removed in time. It hurts to remove them, but once you recover, you can be reborn.
After reading the article above, take a look at the distribution of gains and losses.
The ultimate conclusion is that only by following the trend can there be a beautiful ending!
Going with the trend leads to thriving, while going against the trend leads to a desperate struggle until it turns to dust.
Written at the end.
If you are still reluctant about the coins you held before, you can come to me, tell me about your position and confusion, and I will try to provide the best solution for you personally. But to ensure quality, I can only help a maximum of ten friends a day to avoid confusion.
The road in the crypto world is long and arduous.
Past losses are history; what matters is looking to the future and planning rationally. Whether it's optimizing positions, adjusting strategies, or setting reasonable goals, I hope everyone can break free from the current vicious cycle and get back on track!
