Three Major Speculations for 2025

1. Main Tone: Transitioning from 2024's "Full Bull Market, Upward, Hold On" to "Gradually Building a Peak, Oscillating Upward, Fighting While Retreating"

2. Federal Reserve Interest Rates: Rate cuts exceeding expectations to 4%, dropping below 3.5%, with the end of the bull market marked by rates falling below 2.5%, expected around mid-2025

3. Crypto Market: BTC reaching a peak of 140,000-150,000 USD ​​​