A prolonged market will inevitably decline; this is the nature of the short term. This does not mean one should short or hold a light position; in essence, holding a light position is also a form of shorting. One must understand the essence behind the market.
I know many people are currently confused because they hold light positions and hope to wait for a pullback to enter; however, there are currently no bearish news, just some early holders selling after achieving financial freedom, and those who have traded well on mid-term positions may have seen two to three times returns, so selling some is normal turnover.
We are always observing the market but not seriously studying the assets themselves; whether Bitcoin at over 90,000 is expensive or cheap.
If you don't clarify this issue, you won't make big money, and losing money will become very natural.
First of all, it is not because of Trump; insiders are optimistic about 2025, which is already a harvest year in this industry's cycle.
In the last few cycles, no president has openly supported Bitcoin, and the market in the second year after halving has always been extremely crazy.
Of course, this round includes Trump and the strong advocacy for Bitcoin as a national reserve, which are just additional benefits.
According to Forbes, Tim Kravchunovsky, founder and CEO of the decentralized telecom network Chirp, stated: 'As we enter 2025, it will be a historic year for digital assets, as the U.S. adopts Bitcoin as a national reserve currency.'
Despite the ongoing uncertainty in this regard, I believe it will happen soon—likely within a few months after President Donald Trump's inauguration.
Additionally, Ed Hindi, Chief Investment Officer of the Swiss cryptocurrency hedge fund Tyr Capital, pointed out that the increasing expectations for Trump in the crypto market have led to a surge in prices. However, investors will closely monitor Trump's actions within the first 100 days of his presidency; if his actions do not align with his statements, it may trigger volatility.
Michael Rosen, Chief Investment Officer of Angeles Investments, stated: Trump's inauguration on January 20 next year may bring some surprises to the market, as he is expected to issue at least 25 executive orders on his first day in office, covering a range of issues from immigration to energy and cryptocurrency policies.
An upward trend is highly probable, but there will certainly be volatility; the market will not have all information pointing in one direction and will always emit some noise to confuse perception.
If you try to catch every small fluctuation, you will ultimately be overwhelmed by the volatility. The cryptocurrency space is both a stage for human nature's game and an arena for the collision of belief and strategy.
Every fluctuation is a process of filtering and reshaping, eliminating blind followers and leaving behind those who truly understand market rules and value investing.