This year, the global financial markets are likely to enter a bear market.
Bitcoin is the leading indicator of global risk assets; the crypto market peaks first, followed by the US stock market, and finally the A-shares.
If this logic and order are mistaken, everything will be wrong.
Currently, Bitcoin is crashing, and the logic is simple: 2014, 2018, 2022, 2026—these are four-year cycles, and the bear market has arrived. There's nothing surprising about it.
Additionally, in 2026, the A-shares and US stock markets are very likely to also be in a bear market. Bitcoin's decline is just more sens
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