#比特币技术面分析 Seeing Bitcoin form a concentrated cluster of chips at $87,000, I am reminded of many cases I have seen over the years. The accumulation of chips often signals a market critical point—both bulls and bears are engaged in repeated tug-of-war here, and ultimately a decision must be made.

Murphy's analysis mentions that $87,000 has become the current strongest support level, which provides us with a clear reference from a technical perspective. But I want to remind you that no matter how precise the technical analysis is, it is only a game of probabilities, not a guaranteed outcome. The moment when the direction is about to be decided is precisely the most testing time for one’s mindset.

My experiences over the past few years have increasingly convinced me that real gains do not come from pinpoint accuracy, but from reasonable position management and long-term patience. When the market faces a choice, if your asset allocation is too concentrated, even if your directional judgment is correct, you might still make wrong decisions due to inability to withstand volatility. Conversely, if you have already implemented risk isolation in advance, you can wait more calmly for the true arrival of opportunities.

It might be helpful to review your own holdings—can your current position allocation withstand this upcoming directional choice? If the answer is uncertain, that is precisely a good time to make adjustments. Safety always comes first, followed by returns.