PANews reported on December 10 that according to Cointelegraph, Mark Yusko, founder of Morgan Creek Capital, shared his insights on the cryptocurrency market in an interview and put forward a comprehensive outlook for 2025. Despite the hype that the United States may implement a strategic reserve of Bitcoin, Yusko still firmly believes in the theory of Bitcoin's four-year cycle. He predicts that after reaching a reasonable valuation of about $100,000, Bitcoin will experience a sharp rise, and by mid-2025, the price may climb to between $120,000 and $150,000. However, he also warned that the market may fall into a bear market before the end of 2025, and he pointed out: "In mid-2025, we will usher in the beginning of another bear market."

Regarding Ethereum (ETH), Yusko expressed doubts about its long-term dominance. Although the approval of an Ethereum spot ETF in 2024 is an important milestone, Yusko questioned Ethereum's competitive advantage. He asked: "If Ethereum didn't exist and was invented today, would anyone choose to use it?" As faster and cheaper alternatives like Solana and Avalanche gradually gain market favor, Yusko believes that Ethereum's current market dominance may not be maintained in the face of better technical solutions.