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Don't remind me again today

#加密货币市场状况 Looking back at the past, the ups and downs of the crypto market have always been thrilling. This time, the social heat of BTC has reached a new high in 4 months, making me reminisce about the carnival at the end of 2017. At that time, the market was also filled with joy, and everyone was talking about Bitcoin, as if getting rich overnight was just around the corner. However, after the prosperity came the decline, and the winter of 2018 taught many a painful lesson.



Now that I see this report from Santiment, I can't help but feel cautious. A surge in social discussion often means that retail sentiment has peaked. History tells us that this could be a signal for an impending market reversal. The extreme panic that occurred when BTC fell below $95,000 makes me recall the scenes from previous significant downturns.

However, we must also recognize that each cycle has its unique characteristics. The recent rise in social enthusiasm may reflect the participation of more institutional investors, and the market structure may have changed. Therefore, while we should remain cautious, we should not be blindly pessimistic.

As a veteran who has experienced multiple ups and downs, my advice is to closely monitor market indicators, but do not be blinded by short-term fluctuations. True value is only reflected in the long term. Let us learn from history and remain clear-headed and rational in this rapidly changing market.
BTC1.07%
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