In this round of the bull market, it has been emphasized that we can no longer operate in the same way as before. The current market generally believes that an explosion will start in Q1, with January being the main stage for Ethereum and altcoins. At this time, we cannot fantasize; I believe that when we can't rise, we need to withdraw.

Otherwise, it will be like 2024, with ups and downs for a year. In 2025, many significant events will occur in crypto, with more countries announcing Bitcoin as a strategic reserve; the advancement of regulatory legislation in the beautiful country; the restart of FTX 2.0, etc. Any of these events could trigger the bull market of 2025.

This year's interest rate environment is better than in 2024. Although it is difficult to return to the previously low interest rate era, at least we will return to a neutral interest rate. The bull market in the second half of 2025 will be larger in scale and more enduring than the current wave of the bull market, shaping our trading strategy.

When I say the bull market is different, it does not mean that trading is impossible; on the contrary, I believe we will trade more comfortably in future markets.

Several basic points for the 2025 trading strategy:

1. Watch more and act less. Hold USD most of the time and patiently wait for opportunities during sharp declines and rebounds.

2. Seize opportunities for swing trading, recoup costs during rebounds, and use time to earn free chips.