When will the new market start?
First, we need to clarify what conditions are necessary for the market to start?
First, a large influx of ETF data, and secondly, significant purchases by listed companies to form effective bottom-buying orders.
Second, Ethereum needs to have timely good news, such as the opening of ETF staking.
Third, Trump starts speaking positively about crypto, reminiscent of the market after his victory.
All of these conditions have a high probability of occurring in the future market, and they do not necessarily happen at the same time, but currently, the closest is still the ETF data, including Trump's positive statements about crypto. The various indices have already completed a healthy cooling down. For example, the speculation index for altcoins has dropped from a previous high of 80 to 49, and this round hasn’t even gone above 90, so we cannot conclude that a few months of adjustment is necessary here.
The interest rate cut cycle has just begun, which is an important macroeconomic positive factor for the crypto market. Moreover, there are only a few days left until 2025, and Trump has not yet taken office. As long as he hasn't taken office, the bull market still exists; we can even say that the bull market has just begun because the market still holds expectations for potential favorable policies related to the crypto market.
Therefore, the speculation for the starting point of the new market is that it will occur in early January, as institutions and listed companies finish their annual investment returns. January is their new beginning, so the likelihood of significant movements in January will increase. American retail investors will return to the crypto space after the holidays, so with a little more patience for a few days, hold onto your bullets!