#比特币市场分析 The so-called $170,000 target price sounds truly chilling. I have experienced too many times the temptation of such high target prices, only to see the retail investors get completely wiped out in the end. When big institutions like JPMorgan Chase release such forecasts, it’s likely to be a tactic to attract retail investors. They talk about "volatility-adjusted models," which sounds impressive, but in reality, it’s just a trick to fool people.

I advise everyone to stay vigilant and not be blinded by such optimistic expectations. Bitcoin has fallen from 120,000 to over 80,000, and this sharp decline already shows that market sentiment is very fragile. The claim of 1.4 billion dollars in reserve funds is insignificant in the cryptocurrency market. If a large-scale sell-off occurs, this amount of money won’t be enough to stop it.

Finally, a reminder to new friends: never trust others’ target prices. The market is very complex, and no one can accurately predict the future. Stay rational, manage risks well, and that is the key to survival in this market. Don’t be tempted by high returns, and don’t be swept away by panic. Observe calmly, make rational decisions—that’s the way to survive long-term.