$BTC $ETH $DOGE This is a delayed bull market.
We are not at the end, but standing on the eve of a super bull market!
A few days ago, many brothers saw me buying the dip after breaking 82268, and they jumped on the bandwagon. The most asked question these days has been: "How much to sell when it rebounds?"
I have been thinking about this question too. Is it 98888? Or 188888?
But is there a possibility — that we don't need to sell at all?
Integrating recent market information, I have come to a disruptive logic:
This round of the bull market after the Bitcoin halving has actually been artificially delayed by Powell.
Perhaps there has never been a "four-year cycle"; everything is just a game of liquidity.
When everyone is expecting a big market in Q4 after the halving and the altcoin season, a "1011 bloodbath" along with a -39% drop caught everyone off guard.
So, will next year, which traditionally belongs to the "four-year cycle bear market year," instead rise against the tide and even surge crazily?
My answer is — yes.
Why will liquidity recover or even flood next year? The reasons are as follows:
✅ The real big buyers have not yet acted.
This round of rise mainly relies on spot ETFs and companies like MicroStrategy, but the true giants — sovereign wealth funds, pensions, and national reserves — have yet to move.
✅ Stop QT + continuous interest rate cuts.
Many people have analyzed this, so I won't elaborate. Just look at the chart to see that QT, interest rates, and Bitcoin's trend are highly correlated.
More importantly, the Federal Reserve may change leaders next year, and rate cuts will only become more aggressive. Under high debt pressure in the U.S., it may even tolerate inflation above 2%, indirectly allowing the dollar to depreciate.
✅ SLR reform: a "quiet revolution."
If you have studied the history of SLR (Supplementary Leverage Ratio) reform and Bitcoin's trends, you will find its relationship with liquidity extremely close.
The loosening of SLR + QE during the COVID-19 period directly led to Bitcoin's previous peak of 69000. The new SLR reform may open the liquidity floodgates again.
✅ The Federal Reserve may restart QE.
Look at the "Genesis Plan" just signed by Trump — comparable in scale to the "Manhattan Project." In the battle for America's destiny, spending will be astronomical.
So, from the perspective of the liquidity cycle: the super bull market is not over; it has just begun.
2026–2027 will not be a bear market but a crazy year of liquidity flooding.
I choose to pay for my understanding.
I, sold #加密市场反弹 .
