Bitcoin is expected to surpass gold in market value; in the long term, the current price is still low. However, due to the halving cycle, Bitcoin's price is already at a relatively high point in this cycle, and the risks far outweigh the rewards. Contrary to what many people believe, that Bitcoin will become a long-term bull asset like gold after the emergence of ETFs, I think the nature of the halving cycle will still play a role in the next 4 to 8 years. Therefore, when Bitcoin drops to 50,000 or 60,000 next year, it will be a good opportunity.