#比特币ETF Looking back at the market trends of 2025, the deepest insight is: Trump can push up Bitcoin, while tax policies can also cause crashes. The epic liquidation on October 11th shattered many leverage dreams.

Behind the hot Bitcoin ETF is a shift from strict regulation to embracing it, seemingly full of good news. But don’t be fooled by these signals—every policy favoring the market is accompanied by a window for the whales to harvest. I’ve seen too many people chase after headlines of "new all-time highs," only to be wiped out instantly by tariff news.

The most ironic thing is that FOMO sentiment has burned from meme coin frenzy all the way to "compliant innovation" like retirement account crypto investments. Isn’t this just a different disguise for the same old scam? While compliance frameworks and stablecoin implementations are progress, the problem is—during this process, retail investors’ money often flows into the pockets of institutions and whales.

Those who truly survive long-term on the chain never rely on chasing hot topics. Even with a Bitcoin ETF, ask yourself: is this value investing or FOMO buying? Recognize the project lifecycle clearly, distinguish what is genuine compliance and what is just rebranding for a quick harvest. That’s the essential lesson to survive in 2025.