I actually had this thought before, but I ended up dismissing it. A few years ago, I suggested that 2023 would start with an uphill climb followed by a downhill slide. Later, I predicted the downhill slide would end early for a reason—under the assumption that the big bear market was over, Bitcoin could basically be confirmed to launch a U.S. stock market ETF, even though it wasn’t officially confirmed at the time. At this stage, it’s still roughly in line with my earlier expectations of trading on the positive news of a U.S.-Iran ceasefire and Trump’s visit to China. It’s just a rebound, not a reversal.