Master discusses hot topics:
Bitcoin has once again silenced the market, like the lights going out on a stage, with the audience holding their breath in anticipation. The silence from both bulls and bears seems to be a moment of mourning for this market feast.
As for the bulls who have held onto their coins all the way, they are either 'suffering' through a long period of volatility to exit, strategically cashing out before the uncertain elections, or 'taking profits' after Trump's unexpected victory and the subsequent surge. In any case, they have been left behind, with nothing but silence and regret.
As for the bears, they have become synonymous with tragedy, repeatedly shorting and getting liquidated; they get liquidated and then open new positions, fighting again and again, vowing not to give up. Even if there's just a little margin left, they grit their teeth and short again, betting on the moment when the 'good news is fully priced in'.
And the result? Another wave of ruthless rallies, instant liquidations, and in the end, losing everything, leaving only that fragile heart, still silently bleeding. Watching Bitcoin race ahead, the bears have nothing to say, their sadness turning into speechless choking.
As the market has always said: As long as bears don't die, the surges won't stop. The master recalls the end of 2020, when the bears were very stubborn, shorting repeatedly, getting liquidated again and again, yet still not losing heart.
Thus, Bitcoin surged forward, ultimately breaking through the $50,000 mark, leaving a mess behind. Now, Bitcoin has reached $80,000; has the bull market started? Perhaps it has, but the market's enthusiasm, user activity, and the scenes of new retail investors entering seem not to have fully emerged yet.
Looking back at the market from the end of last year to the first quarter of this year, it was as steady as an old man drinking porridge. Because there was spot participation, everyone felt at ease. However, the master flipped through Coinbase, and the premium was astonishing, clearly led by futures.
