Recently, Russia and Ukraine reached an agreement on a maritime ceasefire and will consider Russia's request for sanction relief. Although a comprehensive ceasefire cannot be achieved in the short term, it is a positive development, which is a favourable information for the short-term market.

Then yesterday, a Federal Reserve official stated that the expectation for 2025 may only involve one rate cut this year. Because the consensus in the market is that the peak of this round of BTC halving cycle will be in the second half of this year, if there is only one rate cut, it can basically be anticipated that it will be a situation of a short-term spike followed by a pullback, giving you a piece of candy and then immediately waiting for the club to come into play, so the possibility of a "mad bull" is extremely slim.
I still firmly believe that there is no need to have too high expectations for the market in the second half of the year. By lowering your expectations, you may occasionally experience unexpected pleasant surprises. The alternation of bull and bear markets are two completely different phases; the former is the time node that buries the bulls, while the latter is the time node for the bulls to rise.