Generally speaking, bull markets are characterized by Bitcoin surging first, followed by funds moving from Bitcoin to Ethereum, which then leads to a frenzy of altcoins. This rise is somewhat different from before; this round of Bitcoin's increase is entirely driven by institutions, with firms like BlackRock and MicroStrategy aggressively buying. Yes, Bitcoin has been soaring continuously. Now, we have to adjust our expectations for Bitcoin in this bull market, from an initial 120,000 to the current 140,000. Given the intensity of institutional buying, along with Trump's support, reaching 140,000 for Bitcoin should be quite easy. Previously, our expectation was that we could start considering taking profits when Bitcoin hits 100,000. However, it seems now that only Bitcoin is performing remarkably, while the rest of the coins have not exploded. If Bitcoin can stabilize, then Ethereum might break through 3,500, shooting for 3,800 or even higher, after which we could see a chaotic surge in altcoins. But this pace seems a bit too fast; I initially thought such a pace wouldn't appear until at least March next year, yet we are already seeing signs of it. At this moment, I must think calmly. Therefore, I have reduced my position from about 75% to 60%. At this level, I feel more secure. If the market takes off, a 60% position will be enough for me to profit, and if there's a correction, I will have enough cash to buy the dip. This way, I can sleep soundly at night.
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