Bitcoin soared to a new high of $88,000, and at this time, taking over is not about whether the market is bullish or bearish, but whether you can withstand the risk.

This price is no longer determined by fundamentals; it is accumulated by institutional funds + market frenzy + loose liquidity. Although ETF inflows and halving expectations provide support, historically, after each breakthrough, a 10%-20% pullback is normal, and going in now is like licking blood on the blade.

Hodlers can ignore short-term fluctuations and continue to invest in batches; short-term players shouldn't join the excitement, as chasing highs is likely to lead to losses, and controlling positions and stop-losses is key.

My personal suggestion is that ordinary retail investors should not blindly intervene at high positions; holding stablecoins and waiting for market signals is more reliable—surviving in the crypto market is better than anything else.