I keep seeing people talk about the “long-term value” of NFT profile pictures and membership benefits, and it reminds me of when I first started buying Bitcoin. I used to hear people say “digital gold” could be passed down through the family. Now, I don’t know whether it can actually be passed down, but I do know that 30% of my retirement savings is still in it. As for PFPs, my grandson has shown me a few—monkeys, penguins, and such. He says they’re about identity. I asked him whether he’d still identify with them two years from now, and he said, “Grandpa, you just don’t get it.” Maybe I really don’t, but I do understand one thing—the gyms that sold those “lifetime memberships” back then don’t even have doors you can find anymore. Speaking of long-term value, that restaking and shared security stuff sounds pretty nice too, with yield stacked on yield. But I’ve seen people call it a set of nesting dolls, one layer inside another. In the end, who’s going to take the last leg? At my age, I’m especially sensitive to anything involving “layers.” Really, it’s the same no matter what you buy. These days, I just treat it as practice: practice holding on, and practice letting go. It’s not about beating the market, but about beating the urge to make it all back in one shot. With this stuff, winning is luck and losing is tuition. For now, that’s how I see it.

$BTC Flag breakout + rejection from the previous monthly high. The new month has just begun, and we are already pushing toward the upside right from its start. The first move after the start of a new month is usually fake, intended to provide liquidity and trap retail traders before the reversal. If that is the case here, we should see a rejection after sweeping the current high of the local range (87.5K-89.3K). Rejection there would confirm another push downward to target the current range lows before pushing once again toward the upside. However, given that we have also broken out of the flag pattern, there is also a chance that the full measured breakout move will continue toward the 93.6K area before a reversal occurs. The trend is bullish, and it is more profitable to take long positions on every dip rather than trying to short a minor top and catch a limited pullback. My current thesis is that we will see a push toward the 93.6K-97.9K area over the next two weeks before entering an extended range, which will likely continue into next year, before the next phase toward the upside begins. I will be somewhat cautious with short positions, but once we push toward the 90K levels, I will start leaning toward opening hedging shorts, securing profits from long positions, and then reopening those longs on the pullback.

Hello everyone, let’s look at the $BTC chart. After surging to 87220, the price pulled back and is currently fluctuating around 84600. On the one-hour timeframe, the price has pulled back to the rising trendline. On the daily timeframe, the broader trend still shows bearish divergence. MACD bearish momentum is being released, and the short-term market has entered a consolidation phase. The key intraday support is 83500, with resistance at 87220. In terms of trading, do not chase the rise. Wait for another breakout followed by a pullback to short, and stand aside if resistance is broken. Remember, always use stop-losses when trading and strictly control position sizes. Friendly reminder: This is for technical review and sharing purposes only and does not constitute investment advice~$BTC