The current market volatility is quite frustrating. It is not that the drastic ups and downs are unbearable, but rather that the market seems increasingly dependent on a single statement from Trump, with market sentiment being swayed by his words, lacking the necessary independence and rational judgment.
Such "water cooler markets" not only disrupt the normal price discovery mechanism but also go against the original intention of Bitcoin's decentralization and censorship resistance. Originally, decentralization was meant to break free from human manipulation, yet it now seems to have returned to a cycle dominated by a "central figure," which is truly disappointing.
