Viewpoint: 2025 will be the peak of this cycle, followed by a bear market

Lark Davis, a Youtube crypto KOL, said in his latest video: 2025 will be the peak of this cycle, and you should sell and leave the market at that time. For this argument, he gave the following reasons: The global liquidity cycle is expected to peak in 2025 and then begin to decline. China's credit cycle is about four years per cycle, and 2025 may be the peak of China's credit. Currently, the yield of short-term bonds is higher than that of long-term bonds, but the yield curve is gradually returning to normal, which may indicate a shift in the economic cycle. Therefore, he believes that there may be huge market chaos in 2025, followed by a bear market.