#2025有哪些关键叙事？
The callback may be coming to an end, and a new round of sector rotation will begin in January!
From the trends, the correction of Ethereum and a number of altcoins is nearing its end, and the entire market is about to embark on the sprint track of this bull market, welcoming a key node for accelerated ascent.
In the wave of the bull market, there will always be several rounds of significant fluctuations, which is widely known as the 'bull market correction'.
In fact, these corrections are a form of self 'purification' of the market, aiming to eliminate the weak and retain the strong, washing out the chips in the hands of short-wave retail investors, allowing market chips to become increasingly concentrated, paving the way for the upcoming bull run.
Currently, in this round of correction, Ethereum's trading volume has reached the lowest point since Trump was elected president, and the market fear index has hit its lowest level since October, with undercurrents surging beneath the calm.
Especially in the turbulent market over the past few days, many short-wave players have been completely 'shaken' out.
Behind the volatile market lies two key objectives:
On one hand, it is to clear the chips, using drastic price fluctuations to force those with weak convictions to sell and exit;
On the other hand, it is to test the loyalty of the chips, to gauge the stability of the remaining chips, ensuring that when the upward trend begins, it will not face a massive selling wave.
Looking at the flow of funds, currently institutions are leading while retail investors are exiting. Data clearly shows that although Ethereum's trading volume has declined, a large amount of funds have flowed into the market via ETFs. The main force of this new capital cannot be retail investors; it must be institutions.
It is evident that market chips are gradually concentrating in the hands of more robust and capable 'strong hands', accumulating strength for the market's subsequent explosion.
Looking back at previous bull markets, we can find that these recent correction cycles are the necessary path for the market towards stable and sustained development. Once the cleaning and chip turnover process is successfully concluded, the market will undoubtedly welcome a new round of take-off.
For Ethereum and mainstream altcoins, 2025 is undoubtedly the year with the most opportunities, and January marks the beginning of the final sprint phase of this bull market.
If you want to seize this bull market, it is definitely too late to learn and sell on the spot; it is best to have someone to guide you quickly into the basics.
I am David, welcome to communicate!