Will there be a bull market in 2025 like the one in 2017 and 2021? It's nothing more than where does the money come from? Where does the ecological demand come from?

1. Where does the money come from?

Basically, it depends on the Federal Reserve. If the US economy has a soft landing, the Federal Reserve will gradually cut interest rates, and a slow bull market will appear; if the US economy has a hard landing, the assets of the entire market may experience a bloodbath, and then the Federal Reserve will start printing money, followed by a rapid bull market.

2. Where does the ecological demand come from?

Objectively speaking, this round of cycle has not yet produced a large-scale ecological narrative, which is only pulled up by ETF funds and meme coins. However, the technology iteration of the crypto market in this round of cycle is very fast, there are many innovations, and a lot of various infrastructures have been built. A large-scale ecological narrative may suddenly appear at some point.

So there is indeed room for imagination in the future market. Ethereum currently has great potential to become a platform for RWA (tokenization of world assets) in the future; in addition to Ethereum, the two public chains SOL and TON are also very eye-catching. They are not only hyping meme coins and small game coins. TON is based on telegram, and SOL is based on Twitter X. They are both user traffic gathering places in the billions. Through the front end of web2, massive users are linked to the public chain system. Who knows how big a spark can be created in the future? The imagination space is indeed much larger than the Defi ecology in 2021.

After all, it can "foolproof" hundreds of millions of new users into the world of blockchain ecology.

From this perspective, the current blockchain ecological potential is indeed more and more exciting. #BTC