#比特币价格走势 Seeing this wave of market rebound, a bunch of big V and traders are once again shouting bullishly. The Bank of Japan raised interest rates by 25 basis points, Bitcoin briefly surged over 2%, then Arthur Hayes called for "Bitcoin to reach one million dollars," Garrett Jin reported a target of $106,000... I've seen this script too many times.

Don't get me wrong, I'm not saying their analysis is wrong; the data is there, and negative real interest rates indeed provide momentum for commodities and crypto. But the problem is, every time the market shows a bit of good news, so many bullish voices flood in, and retail investors tend to follow suit much faster than the change in fundamentals.

The key issue here is: when all voices point in the same direction, it’s often the most dangerous time. I’ve seen too many people chase highs in an atmosphere of "everyone is bullish," only to get crushed. This doesn’t mean this rally will necessarily reverse, but it’s important to clearly recognize that a shift in market sentiment is often a warning sign of risk.

If you really decide to participate at this level, ask yourself a few questions first: Are you investing or just gambling on the market? Can you withstand fluctuations back to $90,000 or $80,000? Have you set proper stop-loss levels? Listening to big V’s calls is fine, but proper risk management is the real key to longevity. Remember, those who truly make money are often the ones who stay cautious when others are greedy.