The general direction this year: Q1 washes the market, Q2 pulls up, Q3 goes sideways, and Q4 reaches a climax.

1. Around January 17th, Ethereum Cancun was upgraded (good for ETH and L2);
2. Bitcoin will be halved in April (good for the entire currency circle);
3. The Ethereum ETF will be approved before May (good for the Ethereum ecosystem, DeFi, GameFi, NFT, etc.);
4. In the second half of the year, the Federal Reserve will implement an interest rate cut policy (which will benefit the entire currency circle);
5. The U.S. presidential election in November will focus on whether to support cryptocurrency.

In short-term trading, we still have a long-low mentality, waiting for the opportunity to step back.