Bitcoin is soaring, with prices reaching 99,600 USD, just a step away from 100,000 USD! Such numbers are not only a celebration for Wall Street elites but also a heartbeat for global investors. Some made millions, while others were instantly liquidated. Behind this financial game, what kind of risks and opportunities are hidden?
This time Bitcoin is really hot, not just ordinary retail investors are flocking, even institutions are rushing in. If this were in the mouth of our uncle from Qingdao, it would be called 'Dogs chasing hot steamed buns - only when it's warm will they scramble for it!' The asset management scale of Bitcoin ETFs in the US is about to surpass that of gold ETFs, and even Japanese companies are starting to buy coins in large amounts. The influence of Bitcoin is indeed getting bigger and bigger.
But looking at the excitement behind this, isn’t there a bit of panic? I think this rise is too fierce, retail investors really can’t play this. Recently, in just one day, the amount of liquidations reached 390 million USD. Some bought long positions, watching the rise happily, but then ‘bang’ it pulled back, leaving them with nothing but their underwear; others went short, thinking they could catch the top, but ended up being liquidated directly. The price of this coin is rising happily, but who will bear the risk?
Moreover, can Bitcoin continue to be this strong? I don’t think so. Experts say whether this market can stabilize depends on whether funds can continue to pour in and whether institutions will keep increasing their positions. After all, what is this crypto market? It’s like the more water there is, the higher the boat floats; if there’s little water, it runs aground. Without some technical skills, it’s really hard to navigate.
This matter looks high-end, but for ordinary people, it’s just two words - entangled. If you invest, you're afraid of taking a big tumble; if you don’t invest, you're afraid of missing out on the opportunity to get rich. That Japanese travel company, instead of doing tourism, changed to hoarding Bitcoin, and its stock price jumped by 445%. Isn’t that a big stimulus? But if you really miss the boat, wouldn’t you be so upset that you can’t sleep?
I think, no matter how much Bitcoin rises, it’s not a ‘sure-win’ business. Those institutions can withdraw at any time, but ordinary people cannot recklessly mess with their retirement funds. This thing is like an old saying from Weifang, 'Chasing the kite string, sometimes it’s not the person who wins, but fate.' Don’t you think so?
(Assistant shares article, for reference only) $BTC
