There is no violent bull market, nor any big bear market

1. Breaking through 65,000 did not stop. After the breakthrough, it was not the beginning of a violent bull market, but the end of the rising market. BTC peaked at 66,000-70,000, and it could also reach some new highs, while ETH and Shanzhai could not even return to the high point next year

2. There will be no more big bear market after the liquidation in the fourth quarter, but only the process of QT turning to QE. After BTC.D peaked, there will be a large weekly level correction, which will end the bull trend of BTC since 15,500, and the duration will also increase. The depth of the correction is related to the soft and hard road of the US economy and the large-scale progress of currency. Of course, there will be amazing real violent bull market before and after the realization of QE. This time may occur in the second half of 25-26 years.

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