#数字货币市场回升 The current market trend has arrived later than expected. But perhaps, we are now just standing at the critical point of a real explosion.

Recently, friends who started positioning at 82268 have been asking the most questions these two days: "Where should I exit when it rebounds?"

98888? Or should we just look at 188888? But there’s a more radical idea - what if there’s no need to rush out at all?

Connecting the recent market clues, one can find an overlooked logic:
After the halving, this wave of market trends is likely to be dragged down by the Federal Reserve's tightening policy.
The so-called "four-year cycle" has never been a hard rule; it essentially reflects the tightening and loosening rhythm of capital.

Last year, everyone was waiting for the main rally in Q4 and the explosion of altcoins, but in October there was a sharp drop, directly plunging the market by -39%. So the question arises: according to traditional cycle theory, 2025, which should enter a "bear market year," will we instead welcome an unexpectedly violent rise?

I tend to think - yes.

Why might the liquidity situation completely reverse next year? Several key signals:

✅ The main funds haven't really entered the market yet.
Currently, the main players supporting the market are spot ETFs and certain coin-based companies. The truly large funds—sovereign wealth funds, pension systems, and national reserves—are mostly still in a wait-and-see mode.

✅ QT ends + interest rate cuts continue
This logic has been mentioned by many people. By looking at historical data, one can see the strong correlation between QT cycles, interest rate levels, and BTC trends. More importantly, the Federal Reserve is likely to undergo a change in leadership next year, and the rate cuts will only become more substantial. Under high debt pressure, the U.S. may even tacitly allow inflation to remain above 2%, effectively diluting the debt in another way.

✅ SLR Rule Adjustment: Undervalued Catalyst
If you have compared the historical adjustments of the supplemental leverage ratio $BTC SLR$ETH with the trends in the cryptocurrency market, you will find a resonant relationship between them. During the last pandemic, the easing of the SLR combined with QE directly pushed BTC up to 69,000. The new round of discussions on SLR reforms may once again release liquidity.

✅ The possibility of QE restarting
Take a look at the recent large-scale investment plan - the scale of investment is comparable to the "Manhattan Project" of the past. This national-level bet will burn money at an astronomical rate.

Revisiting from the perspective of liquidity: This super cycle may have just begun.
2026-2027 is not a contraction period, but rather could be a crazy phase of liquidity overflow.

I choose to verify this judgment with real money. I'm fully loaded.