#2025有哪些关键叙事？
2024 Cryptocurrency Chronicle
At the beginning of the year, no one expected $BTC to break 100,000. Now, no one knows how the script for 2025 will unfold.
The entire bull market goes through several stages: incubation, development, climax, stability, and decline.
From a financial perspective, a year ago, at the beginning of the year, the US insisted on raising interest rates, the dollar appreciated, and hot money poured into the United States from all over the world. All currencies depreciated significantly, and trade surpluses lingered in the United States.
Capital overflow entered gold, futures, and the stock market, with some flowing into the crypto market, providing excellent capital conditions for the incubation of the crypto market.
The release of the US interest rate reduction policy led to overflow capital seeking high-return investment directions, making the crypto market a prime option at that time.
It provided upward development space for cryptocurrencies, pushing $BTC up all the way.
The young politician, Trump, hinted at adjustments to cryptocurrency policies before the election. In fact, the market does not need his loose remarks and is more willing to see it as a show. Capital piled up like a stack of dry wood, needing only a match. It happened that Comrade Trump provided that match, and Bitcoin rose above 100,000. Various altcoins surged wildly, bringing the climax.
It is hard to say what the future holds; whether there will be peaks on peaks or a straight descent, but one thing is certain: capital is ruthless. It is a zero-sum game. The withdrawal of such large capital supporting the market will result in a bloodbath for the crypto market—a catastrophe.
Several major factors affecting the 2025 crypto market:
The level of trade war between the United States and Eastern powers.
Whether the dollar hegemonic country can allow a decentralized element to challenge the dollar.
The progress of the Russia-Ukraine war.
The conclusion of political games in Eastern peninsula countries.
The release of tens of trillions of government debt funds by Eastern powers—can it perfectly flow into the crypto market through secret channels?
The crypto market has its tides, ready to face the challenges of 2025.
Finally, I want to tell cryptocurrency friends: closely follow the main capital, and happily earn USDT.
The latest Bitcoin data is here for reference.