Opinion: The Year of the Snake could push the cryptocurrency market to heights not seen in a long time

Odaily News Hong Kong brokerage CLSA predicts market performance for the coming year based on the lunar cycle. The company said that as traditional assets and cryptocurrencies arrive in the lunar months, there will inevitably be some unpredictable changes in the market. Just like a garter snake testing its limits, youthful volatility will bring a brief decline in early spring. By the middle of the year, the fiery energy of the brown tree snake indicates a potential rise, pushing the market to heights not seen in a long time. According to the astrological signs, the summer stagnates and the autumn brings minor setbacks, but the end of the year will end with new momentum and steady rises, highlighting the resilience and adaptability of cryptocurrencies in turbulent markets. Of course, CLSA also reminds that professional advice should be sought before investing, rather than leaving it to fate. Its market forecasts based on astronomical predictions are not considered research reports. (Coindesk)