Why is 2025 going to be a bull market in the cryptocurrency space?
For example, on June 19, 2022, Ethereum dropped to over $800. The reason it fell so low was due to many institutions facing crises, large holders being liquidated, and the adverse external environment exacerbated by the Federal Reserve's interest rate hikes, which caused the drop.
However, due to the favorable upgrades of Ethereum, it rose from June 19 to August 14, reaching over $2000, effectively doubling in value.
Many people believe that 2025 will also see a bull market in the cryptocurrency space based on cycles, and a significant indicator of these cycles is Bitcoin's halving. If Ethereum can surge in such a harsh environment, then Bitcoin's halving will attract even more attention, and by that time, the external economy is likely to be less adverse, increasing the possibility of the Federal Reserve injecting liquidity again.
Therefore, many people, including myself, are making arrangements, preparing to accumulate at the bottom by the end of next year. However, there are still differences between individuals; some may call for buying at the bottom, but when the actual bottom arrives, they may not dare to buy. Those who dare to buy and hold will reap substantial profits.
The cyclicality of the cryptocurrency space will weaken as Bitcoin prices rise and traditional institutions enter the market, but at least for the next bull market and the one after that, it remains a very effective indicator.
Finally, what I have written here is not meant for everyone. If you're the type who quickly cries out about Ponzi schemes or tulip mania, you can just scroll past. There are many people spreading knowledge that you choose to ignore, and you also dismiss the growth of the cryptocurrency market and the long-standing consensus that has developed, so there isn't much to discuss.
Has there ever been a world that isn't a Ponzi scheme?
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