Based on the current market's retracement and trends, compared to historical market conditions, we have set relatively lenient conditions in order to gather more data for reference.

By comparing with eight key historical time points, we found that one time point experienced a rapid decline within a month and entered a bear market, while another only began its bear market more than a month later. The remaining six time points continued an upward trend, lasting at least a month, with the strongest upward phase even sustaining for five months.

If we tighten the conditions, the current trend is quite similar to the situation from December 2020 to January 2021. Therefore, I still believe the bull market is likely to continue.

Of course, the market requires continuous observation. If the trends in January and February do not meet expectations, I will adjust my positions, reducing my holdings to half a position in BTC, and prepare to respond to potential corrections. As for the market in 2025, according to my expectations, there is no need to liquidate before the entire first half of the year.