Halving has become a self-fulfilling expectation, or a consensus at another level. Bitcoin halving has become a popular expectation. In previous years, each round of halving coincided with a bull market in the cryptocurrency circle. Halving itself has become a sign with strong expectations.

Each halving will greatly increase the popularity of BTC. People inside and outside the circle will actively pay attention to this event, which has always led to price increases and strengthened the expectations of halving, achieving self-realization. In this regard, I think the power of halving itself will continue and will have a long-term impact.

The second point is about the turning point of ETF. After the adoption of ETF, this year will be the first year of BTC mainstreaming, which marks the maturity of BTC and the recognition of traditional capital. In the future, BTC will be more integrated with traditional finance. In a direct sense, more and more new funds will enter $BTC through traditional financial channels in the future.

In addition, with the emergence of the BTC ecosystem, whether it is inscriptions or BTC L2, as well as security sharing, the potential of BTC has begun to be explored in this round. BTC is not just the digital gold it was before. In the future, there will be more and more application scenarios to promote the real demand for $BTC. Overall, BTC may not necessarily coincide with each halving, but it will indeed have a long-term impact, and it is a bullish long-term impact.