A crazy week has begun. To borrow a phrase from MicroStrategy CEO Michael Saylor: If you want to invest in Bitcoin, the short-term investment horizon is four years, the medium-term investment horizon is ten years, and the correct investment horizon is forever.
Over the weekend, everyone was waiting for a pullback, but the market not only didn't pull back but went crazy instead. The $TON ecosystem was the first to explode, with $x on OKX leading the entire ecosystem to dominate the exchange's gain leaderboard, with significant surges seen in tokens like $hmstr, $cati, $dogs, $not, and others.
Bitcoin breaking its historical high will definitely lead to a collective surge in altcoins. After waiting for more than half a year, the market has finally returned, so everyone should cherish it. Currently, there isn't much talk about sector rotation in the market; it is a collective surge state, but the strong ones are still meme types like doge, neiro, etc. However, DeFi-related tokens are also very strong, with a focus on $ena.
The Bitcoin ecosystem exploded today, and we can pay close attention to it going forward, such as stx, ordi, bb, etc.
After several rounds of bull and bear markets, everyone’s Bitcoin holdings have correspondingly decreased a lot. Some have sold at a loss, while others have had their coins taken away by various projects. Bitcoin is getting more expensive, and the coins in hand are getting fewer. If you ask now whether to invest in Bitcoin, my answer is 'whatever.'
The underlying logic is simple: Bitcoin no longer offers the high returns of past years; it is more like an anti-inflation tool. Even after this bull market, it's hard to outperform tech stocks in the stock market. As an asset allocation, we can hold some Bitcoin, but gaining more Alpha from it will be much more difficult. It might be better to look for other opportunities in the industry after Bitcoin hits its ATH, as every round of altcoin season tends to appear after Bitcoin reaches new highs. Properly switching some positions may offer better cost-effectiveness.
Regarding Bitcoin, let me reiterate: it is still in the main upward wave stage, and there is no need to guess the peak. When the U.S. ETF starts on Tuesday, it will probably be another round of crazy buying. At this time, you just need to sit tight and hold on; don’t be like a rural woman worrying about every little thing, fearing a market crash. Trust in the power of cycles, believe that our industry is still a sunrise industry, and everything is just beginning!