According to Planet Daily, Delphi Digital co-founder Kevin Kelly said that although many crypto market participants remain cautious due to rising interest rates, inflationary pressures and recession concerns, the market is forward-looking, and this has already been reflected in prices in 2023. Kelly believes the market is in an environment similar to 2015-2017, and if Bitcoin follows the same playbook consistent with a new liquidity cycle uptrend, it could reach a new all-time high in the fourth quarter of 2024 and a high in the fourth quarter of 2025. The quarter reaches a new cycle peak. We may see a sell-off or consolidation in the near term, especially after the strong rally seen over the past nine months.