The price of BTC has reached an astonishing $97,800 after experiencing a crazy consecutive surge, setting a new all-time high.
However, this rise shows no signs of weakness and continues to perform strongly.
To be honest, I feel somewhat weary of this surge in Bitcoin.
Not because I am bearish or hope for the market to drop, but because I genuinely want to know how many people have truly made money during this round of Bitcoin's crazy rise?
The current situation raises the question: Is this distorted bull market really the bull market you all desire? What has Bitcoin's continuous draining of resources and skyrocketing market cap brought to other cryptocurrencies?
Is it the halved altcoins you see, or your own shrinking USDT balance that makes you fantasize about how much you can earn in this frenzied bull market?
How many retail investors can still participate at the current Bitcoin price?
To maintain such a price and high-level operation, how much capital support is really needed? Have you truly not considered this?
Whether retail investors, institutions, or market makers, everyone's purpose in entering the market is clear — it is to make money.
The financial market has never had "philanthropists"; behind one person's profit, there must be another person at a loss.
In this extreme surge market, other cryptocurrencies have not gained much benefit from it. Just look at Ethereum's performance to understand.
Currently, the price of BTC has made it difficult for retail investors to follow, and when Bitcoin's price collapses, can investors holding other cryptocurrencies be unaffected?
Is this market structure really worth us continuing to chase after?