Bitcoin has broken records again! It shot straight up to $116,868!
Even more intense is that a bunch of altcoins are also taking off, with daily gains of over 10% being common.
After a year of bearish calls, why does Bitcoin keep rising despite being slapped in the face?
At the beginning of the year, many people were bearish, saying 'the bear market has arrived,' but Bitcoin proved with strength: you are still you!
In fact, since last year, Bitcoin has been playing a game of 'wealth relocation': early whales are slowly retreating, while institutions and large players are quietly taking over. In the short term, whale sell-offs will suppress prices, but as long as new players continue to buy in, there’s still potential in the medium to long term. However... the worst off may be retail investors, as institutions fighting can easily misfire on small investors.
$150,000? $260,000? Predictions for Bitcoin's future price.
Some have predicted based on the data from the past four years that Bitcoin may surge to $150,000 this year and then undergo a deep correction, with even $260,000 possible by 2029.
(Of course, predictions are for reference only; the market has too many variables, don’t take them too seriously!)
But if you believe in Bitcoin’s long-term value, is it expensive to buy now? The answer might be: looking at it over 10 years, it is not expensive at all.
Cycles determine fate: some earn quick money, while others earn big money.
- 2017 Bull Market: ICO frenzy, retail investors putting in $1 to earn $100, but 95% of projects have now gone to zero.
- 2021 Bull Market: Institutions entering + liquidity boom, DeFi and NFTs exploding, buying with closed eyes is profitable.
- 2025 Bull Market: Led by institutions, ETF approval, AI+RWA speculation, Bitcoin breaking $100,000 as a 'strategic reserve asset.'
But here's the problem: with institutions controlling the market, it’s becoming increasingly difficult for retail investors to profit, and the market is shifting from a 'casino' to a 'professional arena.'
The survival rule for retail investors: either be ruthless, or be patient.
1. Don’t always fantasize about 'the next Bitcoin' — the $110,000 BTC makes people envious, but finding 'the next BTC' is harder than winning the lottery.
2. Don’t hold on stubbornly when losing money — the market is always right; admit when you're wrong, and preserve your capital to wait for the next opportunity.
3. Position management is the lifeline — how much you earn depends on luck, how much you lose depends on discipline.
The last honest statement.
Investing is like being in a relationship: a 'certain' partner (BTC/ETH) may not make you rich overnight, but can accompany you for the long haul; an 'uncertain' partner (altcoins/dog coins) may make your heart race, but it’s easier to lose both money and assets.
(PS: Lu Xun never said anything famous about the coin circle, but he did say — 'The road is made by people walking on it.' The road of Bitcoin is paved step by step by early believers.)
So, do you choose to believe in the future, or continue to watch? Let's discuss in the comments~
BTC
The pancake choice has broken upwards, and the left-side position has also been stopped out! Repeatedly verifying that position management is the lifeline — how much you earn depends on luck, how much you lose depends on discipline. When you want to go all out, the market will always go all out against you!
Respect the market objectively, buy on the pullback, as there is still inertia for upward movement! Pay attention to the pullback opportunities in the H1 demand zone of 113700-112900, with upper targets of 117300-112500!
ETH
Ethereum broke $2680 and has been stopped out! The price has filled the daily gap! Currently, the daily close has broken $2880, so look for pullback opportunities next! In the short term, look for pullback opportunities in the range of $2880-$2850, with upper targets of $3060-$3172! The daily supply area target is $3200-$3440!
SOL
Pay attention to pullback opportunities, with short-term support at $161-$159 and $157-$156! Upper targets are $165-$169!
The information and data involved in the content are sourced from publicly available materials, striving for accuracy and reliability, but do not guarantee the accuracy and completeness of the information. The content does not constitute any investment advice, and any investment based on it is at your own risk!
