#加密货币市场行情分析 Looking back at history, I have witnessed too many ups and downs in the market. The current trend reminds me of the frenzy at the end of 2017. Back then, everyone was talking about Bitcoin, and it seemed as if the whole world had gone crazy overnight. But what followed was a bear market in 2018 that lasted more than a year.

Now, seeing Bitwise advisor Jeff Park's analysis that market volatility is tending toward "strike price stickiness" is truly thought-provoking. It means that market participants have a strong consensus around certain price points, rather than just engaging in simple mechanical hedging. Combined with the views of Placeholder VC partner Chris Burniske, it seems the market is already prepared for a rebound.

However, we cannot forget that each rapid rebound is often followed by another round of sharp declines. It's as if the market is playing a dangerous game, constantly testing the psychological resilience of its participants. Volatility may remain at high levels, which is undoubtedly a severe test for newcomers.

History tells us that it is crucial to stay calm at times like these. Don’t be blinded by short-term volatility; instead, focus on the long term. Those who held on through the 2018 bear market eventually reaped rich rewards in 2020.

So, my advice is: keep a close eye on the market, but don’t let your emotions sway you easily. Stay rational and manage your risks well, so you can stand firm in this market full of opportunities and challenges. After all, in the world of cryptocurrencies, the only constant is change itself.