Bitcoin has soared to $101,000! What should we do now? Let’s have a brief chat.
Brothers! Bitcoin has recently shot up to $101,000 (that's right, a six-figure number!), and many people are probably both excited and anxious. Let’s briefly explain what’s going on and what we ordinary people should do.👇
Why the sudden surge?
1️⃣ Big institutions are buying frantically: A few Bitcoin ETFs in the U.S. (like ARKB, FBTC) are attracting capital daily, and institutional big shots are really willing to buy, with total holdings exceeding $110 billion!
2️⃣ Bank interest rates are too low: The Federal Reserve refuses to cut interest rates, and putting money in the bank is not as good as investing in Bitcoin, after all, it’s a bet that it can withstand inflation.
3️⃣ International situation is chaotic: India and Pakistan have been stirring things up lately, and some people feel gold is not stimulating enough, so they turn to Bitcoin to avoid the storm.
What’s the current situation?
In the short term, it might go even higher: Technical analysts say that if it stabilizes at $94,000, it can reach $110,000, but around $100,000, there will definitely be people wanting to sell, after all, they have made over three times the profit, so don’t blindly chase!
Margin call warning: $400 million has been liquidated in 24 hours (all leveraged traders), and price fluctuations are more intense than a roller coaster, so be careful!
What should ordinary people pay attention to?
🔥 Don't get too excited! Currently, 82% of people are making money, but if a collective sell-off happens, it could drop back to $90,000 in an instant.
🔥 Policy uncertainties: The U.S. says it wants to hoard Bitcoin as a strategic reserve, but what if they change their mind or suddenly impose regulations? The market will definitely react.
🔥 Risk of uncertainty: Scientists say that in the future, quantum computing could crack old wallets (although that’s still far off), so keep an eye on technological upgrades in the long run.
Three pieces of advice for beginners:
1. Don’t go all in short-term: If it drops below $94,000, observe first; if it breaks, it might go to $90,000; if it rises past $100,000, you can invest a small amount but don’t take out loans to trade!
2. Keep some cash: Hold 10%-20% of USDT/USDC, so in case of a crash, you can buy the dip; don’t bet everything.
3. Look at long-term innovation: Besides Bitcoin, you can research RWA (putting real estate and stocks on the blockchain) and AI + blockchain projects, like infrastructure chains such as Polygon.
Summary: The Bitcoin surge is a good thing, but don’t let FOMO emotions drive you! Remember: what goes up sharply can come down just as hard, don’t be greedy, and have a backup plan—earn what you can understand!💪