#比特币价格分析 Seeing this news, I can’t help but recall my own experience of being trapped in the market back in the day. The inflows into ETFs have indeed provided some support for Bitcoin, but we need to be cautious of this superficial prosperity. On-chain data shows that one-third of Bitcoin’s supply is still at a loss, which means there is still significant downside risk in the market.

The selling by short-term holders is even more worthy of our attention. This group is often the main force behind chasing highs and cutting losses, and their behavior could signal an impending market shift. I used to be one of these "newbies," and after being trapped at a high position, I was in agony.

The current market situation is complicated, and the Federal Reserve’s policies are uncertain, so we need to stay clear-headed. Don’t get carried away by the short-term benefits brought by ETFs; instead, calmly analyze the long-term trend. Remember, in this market, preserving your principal is more important than chasing huge profits.

For beginners, now might not be a good time to enter the market. If you already hold positions, operate cautiously and set stop-loss points to protect yourself. Never blindly trust so-called "expert predictions"; your own wallet is what matters most. Stay alert and survive longer, and you’ll be the one laughing in the end.