$BTC found it? Those Wall Street analysts in suits and leather shoes began to change their faces again. Last year, cryptocurrencies were trampled into a garbage heap, and this year they shouted "the return of the bull market" to run roadshows all over the world. JPMorgan's team was especially funny, and when Bitcoin fell below $81,000 last month, they were very calm - "stay optimistic".

Are you familiar with this technique? It's like you lose three in a row at the gambling table, and the dealer comes over and pats you on the shoulder: "The boss's luck will come soon." "It's nice to say, but the money in your pocket has gone into someone else's pocket. Their set of "positive outlook" theories are essentially the words of the fortune teller - if it rises, it says I can see it accurately, and when it falls, it says that your understanding is biased.

The four-year cycle was originally a law of the market itself. Now, it is packaged into a new story by these institutions, and it is equipped with a few pages of PPT to charge consulting fees. Do you really think retail investors have amnesia? Who shouted "bubble burst" at $20,000?

As the old saying goes: when traditional finance begins to enthusiastically embrace what you once insisted on alone, the most important thing to be wary of is their kindness. It's not that the market has no chance, but don't take the optimism of institutions as a signal light for you to increase your position. In their script, retail investors are always the last to take over.

Will the cycle end? I don't know. But your principal may evaporate in their "professional advice" first. Holding your wallet tightly and judging for yourself is more reliable than listening to any prediction.

Finally, I wish you all: good ☀ morning, good 🥰 afternoon and good 💤 night