#比特币价格分析 Looking back at Bitcoin’s price movements, I can’t help but reflect on the cyclical nature of the market. Recently, after BTC lost a key level and declined for several consecutive days, it brought to mind the tough times of past bear markets. However, if we look closely at the data, on November 21, spot trading volumes surged on multiple exchanges, showing a “large turnover and increased volume stabilizing the decline” structure—this is a typical short-term bottom signal.

As someone who has experienced several bull and bear cycles, I know that market sentiment often reverses at extreme moments. The current atmosphere of fear may actually be nurturing new opportunities. History is often strikingly similar—at the end of 2018 and in March 2020, we saw comparable market structures, which were followed by rebounds.

Of course, blind optimism is dangerous. We still need to closely monitor subsequent volume changes and price movements to confirm this signal. For newcomers, I recommend caution; building positions gradually is safer. For veteran players, it might be worth considering buying the dip and preparing for the next rally.

In any case, staying rational and managing risk is always the key to surviving both bull and bear markets. Let’s keep observing, view the present with a historical perspective, and look for opportunities amid the market’s ups and downs.