2024 Crypto Assets Market Review and Outlook

2024 is an important year for the Crypto Assets market. Events such as Bitcoin halving, the approval of the Bitcoin ETF in the United States, and Trump's election victory are driving the market upward, with Bitcoin surpassing $100,000. The participation of institutions and enterprises is increasing, and more countries are beginning to pay attention to the encryption field.

Market Review

The most impressive event of 2024 is the birth of GOAT. This has disrupted people's perceptions of the AI race, showing that the first citizens of the blockchain may be AI agents rather than humans. The combination of politics and encryption has come earlier and more intensely than expected, with the Trump family directly involved in DeFi projects, which is surprising.

After Bitcoin broke through 100,000 USD, it has become more difficult for retail investors to participate. However, if Bitcoin is viewed as an investment tool, it remains one of the best choices. The crypto market may need altcoins and Meme coins to support high return dreams. The market is undergoing self-repair, and strong investment research capabilities will be needed in the future to achieve returns that surpass Bitcoin.

In terms of institutional investment strategies, companies like MicroStrategy and BlackRock play an important role. It is expected that these strategies will continue, with more followers emerging. Institutional participation has actually expanded the inclusiveness of Bitcoin, with ETFs and institutional stocks being seen as packaged tokens of Bitcoin, allowing more people to participate in the market.

Bitcoin Ecosystem and BTC-Fi

The development of the Bitcoin ecosystem is not as expected. Layer 2, BTC-Fi, and inscriptions have not significantly developed alongside the rise of Bitcoin. The concept of Bitcoin Layer 2 may seem somewhat forced, with doubts about its security. There is demand for BTC-Fi, but the sustainability of its returns is questionable.

The Bitcoin ecosystem should focus on important areas that require absolute neutrality, such as infrastructure for free speech. Entrepreneurs should either concentrate on truly important projects that require neutrality or focus on areas with stronger certainty, such as asset management.

Outlook on Trump's Term

After Trump takes office, the following changes are expected:

• Crypto assets such as Bitcoin may become national strategic reserves.
• More countries establish special zones for regulatory attempts
• The scope of ETF issuance may expand to other Crypto Assets.
• Regulatory frameworks related to stablecoins and ICOs may be introduced.
• The Republican Party controls both houses, which is beneficial for the passage of friendly bills.

2025 Prediction

Q1 2025 may welcome a major bull market, but the bull-bear transition may not occur until Q2 or later. Main factors:

• Trump's policies are gradually being implemented.
• Regulatory clarity is beneficial for smart contract platforms.
• Large companies accelerate the development of Layer 2

Expected Structural Changes:

• Traditional financial institutions are more deeply involved
• Technology companies are incorporating Crypto Assets into their balance sheets.
• Layer 2 ecosystem may experience explosive growth
• DeFi and traditional finance are accelerating integration

Entrepreneurs are advised to seize opportunities, while ordinary investors should maintain long-term confidence and not be affected by short-term fluctuations. Overall, the market is expected to perform well in the long run, but the way positive news materializes may differ from expectations.