The current cryptocurrency market is showing an upward trend, but investors should remain cautious. Behind every rise in the market, there may be operations of large funds, and retail investors should treat it rationally. There are views that we are currently in an 'eternal bull market', but this statement is worth discussing. According to historical experience, the cryptocurrency market typically follows a cycle of three years of bull runs and one year of bear markets. If this pattern holds, this year could be the last year of the current bull run, and the market direction next year still needs to be observed.

It is worth noting that a typical strong bull run usually experiences a significant pullback before rising again. However, this round of Bitcoin quickly rebounded after a slight pullback from around $74,000, without experiencing significant volatility, which is different from the usual pattern. This abnormal market condition reminds investors to be more vigilant about market risks.

Overall, despite the current market showing an upward trend, investors should remain clear-headed, rationally analyze market movements, and manage risks effectively. Do not be too trusting of market rumors, but instead make investment decisions based on your own circumstances and the actual market conditions.