#加密货币市场周期分析# Looking at historical data, there is indeed a certain cyclical fluctuation in Bitcoin prices. However, the prediction by Trump's second son that it will rise to $175,000 by the end of the year is clearly too optimistic. Currently, market sentiment remains relatively cautious, and Crypto Assets as a whole are still in a Bear Market cycle. According to on-chain data analysis, there has been no significant abnormal flow of Large Investors' funds. Unless there is major Favourable Information to stimulate the market, the possibility of Bitcoin breaking through $100,000 in the short term is low. Investors are advised to remain rational, follow regulatory trends and institutional dynamics, and ensure risk control.