#比特币走势观察

The current volatility of the market and key events are indeed worth in-depth analysis. Here are my views:

1. Major Drivers of the Market

• Macroeconomic Factors: Recent trends in the US Dollar Index, interest rate policies, and inflation data will continue to affect market sentiment.

• Political Factors: If Trump takes office, it may bring new policy expectations, especially regarding the regulation of blockchain and cryptocurrencies.

• Institutional Capital Inflows: Institutional investors are continuously buying Bitcoin, showing confidence in its long-term value, but this may also increase short-term volatility.

• Market Sentiment: The behavioral differences between retail and institutional investors may be catalysts for short-term fluctuations.

2. Precursor to Adjustment or the Beginning of New Opportunities?

• Precursor to Adjustment: Recent rapid increases lacking fundamental support may trigger short-term corrections, especially near key resistance levels.

• Beginning of New Opportunities: If institutional capital continues to flow in, accompanied by macroeconomic positives, Bitcoin may open up new upward space.