« Point de vue du fan de Bitcoin » La première vague haussière vient tout juste de commencer, ce n'est pas encore le moment de deviner le sommet.

Bitcoin fanatics seem to have been doing only one thing for years—bullish on Bitcoin and recommending long-term holding. Being in the industry, this firm belief is not blind but stems from a deep understanding of cycle dynamics and a genuine grasp of industry prospects. Currently, BTC price stands above $71.29K, still room to reach the all-time high of $126.08K. For outsiders, this feast is just beginning.

In the annual cycle repeats, newcomers entering the market are increasingly knowledgeable and well-stocked. But the advantage of seasoned investors like Bitcoin enthusiasts is not in short-term cognition but in mastering cycle power. The key is to understand your strengths and weaknesses—don’t use your shortcoming to compete with others’ strengths. Focus on deepening your understanding of long cycles, avoid dueling with more advanced opponents, and this is the winning path for experienced players.

Cycle Thinking vs Short-term Anxiety—Why Veterans Are More Likely to Win

After several bull and bear cycles, the Bitcoin holdings are indeed gradually decreasing. Some have sold at a loss, others have lost assets in various projects. Bitcoin is becoming more expensive, but holdings are getting lighter. Still, Bitcoin enthusiasts maintain a rational attitude toward current investment opportunities—not blindly chasing highs, but also not undervaluing its strategic value.

The underlying logic is simple: Bitcoin no longer offers the high multiple returns of the past but is gradually evolving into an inflation hedge asset allocation tool. After this bull market, BTC’s gains are unlikely to surpass other asset classes like tech stocks. Therefore, a reasonable strategy is to allocate Bitcoin moderately in the portfolio but not expect it to generate excess returns. Instead of holding onto BTC for more alpha, after its new high, shift focus to other opportunities within the industry.

BTC Price Breaks $126K New High, Strategy Choices in the Main Bull Phase

Currently, Bitcoin is in the main bull phase, and there’s no need to over-speculate on the top. Every stage of market recovery could bring a buying wave. The right approach now is to hold steadily rather than panic. Don’t be like overly anxious investors worrying about sudden market crashes; instead, trust in the power of cycles and believe this industry remains a sunrise sector.

The hallmark of the main bull phase is continuous expansion of gains, with the $126.08K new high confirming this. Frequent trading during this period often detracts rather than adds value. Patience and holding to enjoy the market’s upward momentum is a better choice.

After ATH, Spot Opportunities—When Will the Altcoin Season Arrive?

Every altcoin season follows after Bitcoin hits a new high. This is a market rule and a fact well known to experienced investors. When Bitcoin fanatics see the market bustling and lively, that is the real time to consider exiting or switching strategies.

Therefore, maintaining flexibility during the main bull phase and reserving space for subsequent opportunities may be more cost-effective than rigidly holding. Waiting for the hype to peak and then adjusting strategies based on market signals is a common cycle investor practice.

Disclaimer: This article reflects only personal opinions and does not represent any institutional stance. All content and viewpoints are for reference only and do not constitute investment advice. Investors should make their own decisions and trades; the author is not responsible for any direct or indirect losses resulting from trading.