The reason is that Q1's positive news is more about policy response, which will not be of much help to liquidity and investors' risk appetite. However, Q4 is likely to enter a new interest rate cut cycle, which is actually a better opportunity for liquidity and risk appetite. So if I were to choose, I might think that Q4's returns would be greater than Q1's, but they are still returns, not absolute values. If Q2 or Q3 enters an economic recession, even if Q4 rebounds, it will not have the high bee strength of Q1. On the other hand, if the decline in Q2 and Q3 is not very severe and can continue to fluctuate between $80000 and $90000, it is not impossible for Q4 to break through new highs. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex