[ $BTC Macroeconomic Forecast]

The recent wave of deleveraging has indeed hurt many people's feelings, and the market sentiment has not fully recovered yet. However, I believe that the macro-level logic hasn't changed; the foundation for a bull market is still there.

In the United States, blockchain in finance has become an unstoppable trend, with policies and infrastructure rapidly following suit. Japan is starting to shift towards fiscal stimulus, and the Federal Reserve's interest rate cuts are also relentless, with the weakening dollar inadvertently fueling Bitcoin. As for the China-U.S. relationship, no matter how much turmoil there is, it is highly likely that they will eventually return to the negotiating table.

The end of the year has always been a time for fund companies to boost their performance, and I have high hopes for the fourth quarter, especially from November to December. Many people are focused on the four-year bull-bear cycle, and with the current leverage levels not high, the short-selling power has instead become fuel for the subsequent rise. Personally, I feel that Bitcoin reaching around $150,000 by the end of the year is quite possible.