People tend to rely on inertia or past patterns to make judgments… However, the future is always uncertain. For example, this cycle will differ significantly from previous ones. Cycle theory and long-term bull market theory complement each other, creating numerous variables! I believe this round of decline won't reach 80%, and the bottoming-out period won't be as long as before… The last cycle in 2022 was the most difficult, but it also had a rally in the first half of the year. The real difficulty lay in the second half, with a continuous decline until 2023 when the bottom gradually rose. By the end of 2023, BTC had already reached its previous high, clearly accelerating the pace, or rather, the bottoming-out period was too short—a full year earlier than the previous cycle. This might be due to the power of ETFs. I believe this time will be similar. 2026 may be difficult, but after that, BTC will reach its ATH (Average Threshold) sooner than we imagine. The future is full of hope…