There is a high probability of volatility in the next few months. The second wave of the main rise will come at the end of the year at the earliest and the beginning of next year at the latest! Because the FED core PCE has an upward trend, and there is no one to take over the US debt in the short term, but at the beginning of next year, the US overnight reverse repurchase funds will be exhausted. At that time, the FED will naturally be forced to buy bonds to expand liquidity. At that time, virtual assets will rise sharply. Moreover, the United States does not want liquidity to enter emerging markets at present, but rather hopes to enter virtual currencies. Therefore, it is necessary to promote the listing of virtual currencies, and liquidity will be superimposed and legalized. Next year is likely to be the second main rise of virtual currencies, but the recent regional wars are difficult to control. If the war between the US allies gets out of control, resulting in the early explosion of US debt, it is hard to say. It is possible to cut interest rates and expand the balance sheet in advance in June and July! At the same time, it is also possible that moderates in the United States will prevail and guide the situation in various places to cool down, so that the safe-haven effect of virtual currencies will decline, and there will be a demand for a correction in the short term! The rule of an election year is that there will definitely be chaos in the periphery of the United States, and then it will be transmitted to the core of the United States. Finally, in order to maintain its rule, the United States will flood the market with money, and global asset prices will soar. At the same time, what I observed this year is a little different... The United States does not want funds to flee to emerging markets, so it will inevitably take the initiative to promote the listing of virtual currency ETFs in the United States, which will be more conducive to the United States controlling the entire market! Secondly, central banks of various countries do not trust the sovereign currency of the US dollar at all, so they are frantically moving away from gold and selling US bonds and US dollars! Therefore, in the future bull market, it is highly likely that gold and virtual currencies will continue to set new highs! However, virtual currencies will definitely be driven up by the United States! Peripheral countries will definitely still promote traditional safe-haven products such as gold. If the United States completely masters the pricing power of virtual currencies... then the increase in virtual currencies will definitely be greater than that of gold. The main safe-haven product of the BRICS countries is gold, and the United States is a mixture of virtual currency + gold$BNB