#加密货币市场波动 Looking back, the market always moves in cycles. Seeing that Bitcoin year-end options are still bullish reminds me of the wild bull market at the end of 2017. Back then, everyone was dreaming of Bitcoin reaching $100,000, but the full-year bear market in 2018 shattered many people’s dreams. Now, it seems market sentiment is starting to heat up again.

The Fed’s dovish remarks have indeed given the market a shot of adrenaline, but we can’t ignore the underlying risks. Retail data, core PCE, and ETF fund flows could all be key factors influencing short-term trends. History tells us that excessive optimism is often a dangerous signal.

Although call options are dominant at the moment, we must remember that the market always swings between despair and frenzy. The wise approach is to stay vigilant and not be blinded by short-term volatility. After all, in this ever-changing crypto world, today’s optimism could quickly become tomorrow’s regret. Let’s greet the upcoming 2024 with a rational mindset.