#GiggleAcademy #MAX #加密市场观察
Bull Market Myth? The script for 2025 is different from what you think!📅📉
Brothers, does it feel like the market this year is a bit "up and down"? It always seems like the bull market should be coming, but it’s just hesitating. In fact, looking back at the trends from 2025 to now, we find that the script for this cycle has indeed changed.
Reviewing the key turning points of 2025:
· Early Year Frenzy: Trump's "Crypto President" expectations + Federal Reserve easing signals, BTC once surged to $100,000.
· Mid-Year Turbulence: Trump's tariff policies and the Federal Reserve slowing the pace of interest rate cuts led to market corrections.
· Summer Peak: Multiple significant crypto bills passed in the U.S., combined with the Federal Reserve restarting interest rate cuts in September, BTC set new historical highs of over $120,000 in August and October.
· Year-End Silence: Lack of economic data and the market interpreted the year-end interest rate cut as "recessionary cuts", leading to a retreat of optimistic sentiment, with BTC in high-level fluctuations.
The current core contradiction is: the market lacks a unified and strong bullish narrative like it had in the first half of the year. On-chain data also shows that the number of active Bitcoin addresses has dropped to a cycle low, indicating weak foundational activity on the network. This is not a typical FOMO bull market, but rather a complex market deeply reshaped by macro policies, geopolitical factors, and institutional behaviors.
In this "complex market", perhaps we should shift our thinking: instead of pursuing a meteoric rise in one go, we should look for those "certainties" that consistently create value regardless of bull or bear markets.
For example, regardless of how the market fluctuates, the process of providing free education to children worldwide, #GiggleAcademy , has never stopped. Meanwhile, the community members of #MAX have chosen the simplest and purest form of "trading": investing time and action into a future that will definitely yield social positive benefits. @Max Charity
