Wu reported that Vaneck published an article predicting that the cryptocurrency bull market will peak in the first quarter of 2025 and reach a new high in the fourth quarter; Bitcoin will peak at 180 thousand USD, and Ethereum will exceed 6,000 USD; SOL and Sui will surpass 500 USD and 10 USD respectively. However, after the first peak, $BTC is expected to experience a 30% pullback, and with the summer market consolidation, altcoins may face significant declines of up to 60%.