Currently, long-term holders have surpassed short-term traders in their influence on BTC prices. The power of institutional investors in the BTC market is continuously growing, much like an elephant; although slow-moving, it possesses great strength. In contrast, retail investors are akin to rabbits: agile but easily affected by market fluctuations. In this institution-led slow bull market, prices rise gradually, and retail investors, due to frequent trading or over-leveraging, find it difficult to hold on for the long term, often missing out on opportunities. This is because institutional investors tend to accumulate holdings through systematic investments or long-term holding, while retail investors are more focused on short-term profits and struggle to adapt to the rhythm of this slow bull market.

Therefore, in the current market environment, retail investors should proceed with caution, manage their leverage and positions wisely, avoid blindly following trends, allocate a small portion of assets for short-term trading, and consider the long-term value of larger investments.