$SUI heard me hurry home to study this. The Bitcoin halving, to put it simply, is the halving of block rewards, which reduces miners' earnings and directly affects the supply of Bitcoin. With reduced supply and unchanged demand, prices naturally rise. But Old Li also reminded me not to focus solely on the halving; I should also pay attention to the Federal Reserve's monetary policy and the global economic situation, as these will also impact Bitcoin's price.

He also shared a little tip: pay attention to Bitcoin's 'Rainbow Chart', which combines Bitcoin's price trends with time and uses different colors to represent different valuation levels, helping to judge market sentiment, quite interesting. However, investing has risks; Old Li also said not to bet all your wealth on it, maintaining the right mindset is crucial.