Is Bitcoin rising too #fast?

Since the election, it has almost been hitting new highs every day.

Ethereum has also started to rise, while altcoins are a bit slower.

From the market perspective, Bitcoin mostly shows a step-like increase.

If another big bullish candle appears next, will the buying cost be too high,

leading to a 'black swan' event?

It's normal to have such worries,

because sudden market crashes often occur,

especially when everyone is most FOMO-ing. But there's no need to panic too much,

The washout before Bitcoin broke the new high has alleviated buying pressure to the maximum,

plus with institutional holdings, ETF inflows, rate cuts, and historical data support,

the market has not shown any signs of a trend reversal.

There was a pullback around midnight,

the reason given by the market is a European crisis, economic issues have emerged, which is quite normal,

it's not a big narrative, Bitcoin has only risen by two thousand points, there's no need to panic.

I have noticed that everyone is quite tense right now,

most people who previously held back have entered the market during this time,

fearing that they will encounter a 'black swan' every day.

I want to emphasize again,

although we retail investors may not have the ability to accurately predict tops and bottoms,

we also lack the strength to escape at the peak or bottom,

but we need to learn to observe market trends and understand the big picture, which can reduce losses.

Bitcoin hasn't run too fast; it's just that some people have a lack of understanding and a short-sighted view!

Operational thought: pullbacks are entry opportunities to be bullish..

Chasing ETH BOME FLOKI NEIRO.....

I need fans, you need references. Guessing is not as good as paying attention. #BTC挑战8W2大关 #DOGE飞”狗“在天