#比特币价格分析 Looking back at the historical trends of Bitcoin, I can't help but marvel at the cyclicality of the market. When Bitcoin broke through the $10,000 mark, how many people thought that was the peak? Now that the $100,000 level has been breached, how many people are anxious and unsettled? In fact, this is all part of normal market Fluctuation. In the long run, the fundamentals of Bitcoin have not changed; the continuous inflow of institutional funds is still driving its development.

The current pullback resembles the market digesting the rapid rise from earlier, building momentum for the next round of increases. What we need to pay attention to is how long this adjustment will last and where the bottom is. From on-chain data, long-term holders are starting to take profits, and short-term speculative sentiment is also weakening, which may indicate that the adjustment will continue for a while.

However, I believe that this adjustment will not be too significant. After all, Bitcoin is different from the past now, with more institutional support. Real investors should take a longer-term view and patiently wait for the next bull market to arrive. In the meantime, it is also possible to consider positioning during dips to prepare for the future.

The market always cycles between fear and greed, and true wisdom lies in maintaining rationality and seeing the bigger picture. The future of Bitcoin remains bright; what we need to do is keep our confidence and wait for the dawn to arrive.