Odaily星球日报讯 CryptoQuant 分析师 Crypto Dan 在 1 月 6 日的文章中表示，始于 2023 年 1 月的牛市很可能在 2025 年第一季度或最迟在第二季度达到周期性高峰。该文章称：“随着大量新投资的涌入以及现有投资者的额外资金，我们可以合理地预期市场目前正处于本轮周期的后期阶段。”该帖子称：“因此，比特币和山寨币的大幅上涨预期仍然值得期待。尽管如此，从保守的角度来看，并考虑到风险管理，还是建议谨慎行事。”

CryptoQuant分析师：本轮牛市很可能在2025年Q1或最迟Q2达到周期性高峰

Odaily Odaily News CryptoQuant analyst Crypto Dan said in an article on January 6 that the bull market that began in January 2023 is likely to reach a cyclical peak in the first quarter of 2025 or at the latest in the second quarter. The article stated: &quot;With the influx of a large amount of new investment and additional funds from existing investors, we can reasonably expect that the market is currently in the late stages of this cycle.&quot; The post stated: &quot;Therefore, the expectation of a sharp rise in Bitcoin and Altcoin is still worth looking forward to. Nevertheless, from a conservative perspective and taking into account risk management, it is recommended to proceed with caution.&quot;

CryptoQuant analyst: This bull market is likely to reach its cyclical peak in Q1 or Q2 of 2025 at the latest

Odaily reported that according to 10x Research's market analysis, while some initial enthusiasm is expected at the start of the new year, this is not yet the time to experience the bullish sentiment seen in late January to March or late September to mid-December 2024. A good start to the year is expected, followed by a slight pullback before the CPI data release on January 15. Favorable inflation data may reignite optimism and drive a rebound before the January 20 Trump inauguration. However, this momentum may wane, and the market may pull back before the January 29 FOMC meeting. From January 2024 to mid-November, Bitcoin's dominance rose from 50% to 60%, posing a significant obstacle to the performance of <Altcoins>. Although the dominance index briefly fell to 53% in three weeks (sparking hopes of an <Altcoin> season), it quickly rebounded to nearly 58% and then stabilized around 55%. This consolidation highlights Bitcoin's persistent dominance as the primary driver of the crypto market, while also suggesting that <Altcoins> may face challenges unless the Bitcoin dominance index declines again.

10x Research: Expect a good start to the year, followed by a slight decline before the release of CPI data on January 15

Analyst says bitcoin could hit record high above $125,000 or drop to $77,000 in Q1, depending on whether President-elect Trump delivers on crypto promises
<Author: Frances Yue, Market Watch; Translator: Tong Deng, Jinse Finance>
An analyst said bitcoin could surge to a record high above $125,000 or plunge to $77,000 in the first quarter, depending on whether President-elect Donald Trump delivers on his promises to the cryptocurrency industry shortly after taking office.
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What are the top three factors that will drive BTC price above $125,000 in Q1?

Here is the English translation:

Author: Matt Crosby, Bitcoin Magazine; Compiled by Wuzhu, <Jinse Finance>
As we enter 2025, it's time to take a cautious approach to predicting Bitcoin's trajectory this year. Considering on-chain data, market cycles, macroeconomic data, and other factors, we can go beyond pure speculation and paint a data-driven picture of the coming months.
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