Why are more and more people paying attention to Bitcoin? The underlying logic is actually quite clear.

First is the return expectation-driven—historical market fluctuations are intense, and stories of wealth creation are countless, attracting a large number of speculative funds and institutional allocators. Second is the faith aspect; decentralization and sovereignty attributes hit the pain points of many: no central authority makes the decisions, private keys equal asset sovereignty, they can flow freely across borders, and they have strong resistance to censorship. Coupled with technological iterations, institutional endorsements, and increasing network effects, the entire ecosystem's imagination space is also expanding.

From a macro perspective, in a loose monetary environment, funds seek hedging methods, and when geopolitical risks intensify, people also look for alternative assets. Cross-border transfer costs are low, barriers are minimal, making it attractive for certain scenarios requiring capital.

But rationally speaking, risks should not be ignored—high volatility is a double-edged sword, regulatory attitudes are still evolving, and risks such as private key loss, security vulnerabilities, and market manipulation also exist. Before entering, one should thoroughly assess their own risk tolerance.