Is the 100,000 mark for Bitcoin the beginning of a bubble or an opportunity to buy the dip?

Yesterday (5th), Bitcoin reached a high of $104,088 during trading, breaking the unprecedented 100,000 mark, but this morning it fell back to around 96K, attracting attention from the public. In response, financial writer Di Xiang believes that Bitcoin's sharp rise in the short term is mainly due to a combination of favorable themes and market sentiment. However, it is important to note that after a significant rise, a pullback is inevitable. The way to judge this is to observe the divergence rate; once a rapid expansion of the divergence rate is detected, it is usually advisable to reduce positions and wait for convergence before considering re-entry.

The price of Bitcoin has been driven up by themes combined with leverage, some of which is a bubble, essentially planting the seeds for a potential cryptocurrency disaster. However, a cryptocurrency disaster is actually similar to a stock market crash; as long as you continue to adhere to discipline, control your funds and leverage, there is no need to fear when a disaster strikes. You can even happily seize the opportunity for wealth redistribution, especially when compared to Bitcoin's volatile swings, keeping funds in a single exchange is even riskier.

The Musk-themed concept coin, 14123209515, has been officially certified. Named after Musk's beloved dog, its market value is currently only ten million, which means there is at least a hundred-fold potential compared to other dog coins. Importantly, institutional investors are starting to enter the market; hesitation now will definitely lead to regrets later!