#比特币价格走势分析 Looking back at Bitcoin's price action, I can't help but feel that history always repeats itself. The current market sentiment is the same as on the eve of the bull market at the end of 2017. At that time, everyone was generally pessimistic, but then the price began to soar. Now Arthur Hayes predicts $250,000 by the end of the year, and although time is tight, it is not impossible. Technically, the RSI near 30 does tend to signal a bottom. On the macro level, the Fed may end quantitative tightening and cut interest rates, which is extremely good for Bitcoin. However, investors need to remember that bull and bear changes are an eternal theme. Even if it rebounds to $10-110,000 in the short term, it does not mean that a new round of bull market has begun. The key is to grasp the long-term trend and not be fooled by short-term fluctuations. After all, in this market, we have witnessed too many stories of getting rich overnight and going bankrupt. Maintaining rationality and controlling risks is the only way to get through bulls and bears.