Is Bitcoin 120,000 just a halftime break? The real FOMO hasn't started yet!
Every time there's a dip, someone calls it a bear market; every time there's a breakthrough, someone chases the highs.
Now the big coin is fluctuating at 114,000, and panic is starting again in the group. But have you thought about it?
The real top never arrives amidst doubt; it suddenly descends when everyone is shouting, "This time is different."
Look at the rhythm of this cycle:
Last May's crash, how many people cut their losses and exited? It was just the first "stress test" of the bull market. This February's flash crash washed out another batch of people. Now looking back, it was just a small ripple on the upward path.
Now at 120,000, it feels like the top, but ETF funds are still flowing in, and institutional holdings remain steady.
The most ironic thing is the market sentiment:
When it dropped to 110,000, no one cared; when it rose to 150,000, everyone rushed to short it, but dared not actually take a short position. Those who were bullish ended up cutting losses after a pullback. The final result is always - they didn't profit when it rose, nor did they catch the dip.
My strategy is very simple: ignore the short-term noise and grasp the essence of the cycle.
The main force of this bull market is ETFs and institutions; they haven't experienced true madness yet. When they start FOMO, that will be the signal to consider escaping the top.
As for now? Just hold your spot and watch the show; don't get shaken out by the fluctuations!
