#比特币价格走势 Seeing Bitcoin return to $90,000, I have to be honest—this rebound is mainly driven by technical factors, with no new fundamental catalysts. Short-term relief from short covering and options expiry, in simple terms, is just a short-term rhythm; don’t be fooled by the surface-level rally.

This reminds me of a lesson: technical rebounds are the easiest to deceive, especially when analysts are shouting 150,000 or 200,000 USD in 2026. I’ve seen too many people leverage up and chase the rally in this enthusiasm, only to be liquidated after a pullback. Delphi’s old guy was right—absolutely avoid leverage; it’s not conservative, it’s the bottom line for survival.

The key question is, are these optimistic forecasts really based on solid fundamentals? Standard Chartered has cut its target from $300,000 to $150,000, citing that institutional buying via ETFs isn’t as strong as expected. What does this indicate? It shows even institutions are digesting risks, and market consensus is rebuilding, not celebrating.

From a technical perspective, if history repeats, the risk of a pullback from $40,000 to $70,000 still exists. This isn’t pessimism; it’s putting the worst-case scenario upfront—only then can you survive until the real bull market arrives. Every current rally should be used to reassess your risk exposure, not to increase it.