According to online reports, JPMorgan analyst Kenneth Worthington predicts that Robinhood(HOOD)'s record cryptocurrency trading revenue in the fourth quarter of 2024 may not be sustainable, and digital asset trading volume may decline in the first quarter of 2025. The trading platform will announce its first-quarter financial results after hours on May 1, U.S. Eastern Time. The report shows that Robinhood's cryptocurrency trading revenue surged by 700% in the fourth quarter of last year, driving a significant increase in overall trading revenue. However, due to the double killing of stocks and bonds in the later part of the first quarter and the correction of the cryptocurrency market, it is expected that the cryptocurrency trading volume in the current quarter will decrease from 71 billion in the fourth quarter.$52 billion. The size of assets under custody (AUC) is expected to fall 5% month-on-month to US$183.3 billion, but still increase by 41% year-on-year. Although retail investors were stimulated by U.S. tariff policies in early April, analysts believe that it will be difficult to reverse the decline in the first quarter. Weak demand for margin and derivatives trading could further drag on results. JPMorgan Chase maintains a "neutral" rating and has lowered its target price by US$1 to US$44, implying about 10% downside potential compared with the current US$49 share price.