At present, I see three possible positives:
1. Including Bitcoin in national foreign exchange reserves: If more countries begin to include Bitcoin as part of their foreign exchange reserves, this will greatly increase its market demand and long-term value.
2. US crypto policy legislation: New legislation such as FIT21, if it can provide a clearer regulatory framework and more legalization opportunities for the crypto market, will help promote market stability and growth.
3. A new round of QE (quantitative easing): If the Federal Reserve or other major central banks launch a new round of quantitative easing policies, this will increase market liquidity and may have a positive impact on risky assets such as Bitcoin.
None of these factors should happen in the short term, so the market volatility may continue for a long time.