#比特币市场动态 Looking back over the past decade, the Bitcoin market has gone through a tumultuous journey. From its initial obscurity to its current worldwide prominence, I have witnessed countless tumultuous waves along the way. Now, another important milestone is about to arrive - CBOE will launch Bitcoin and Ethereum continuous futures contracts on December 15.

This inevitably reminds me of December 2017, when CME and CBOE first launched Bitcoin futures, sparking a frenzy in the market. That launch coincided with the peak of the Bitcoin bull market, followed by a bear market lasting more than a year. History is always strikingly similar, and now we find ourselves at another critical juncture.

However, times have changed, and the market environment has undergone significant changes. The participation of institutional investors has greatly increased, and the regulatory environment is gradually becoming clearer. This time, CBOE has launched continuous futures contracts, which are closer to spot trading compared to traditional futures, and may attract more traders to participate.

However, we must not forget the lessons of the past. Every major event can become a turning point for the market, whether upwards or downwards. Investors need to stay clear-headed and not be blinded by short-term hype. At the same time, this is also a great opportunity to observe the maturity of the market.

Looking to the future, I believe that the launch of this new contract will bring more liquidity and price discovery mechanisms to the Bitcoin market, which is beneficial for the long-term development of the market. However, we must also be vigilant about the potential increase in volatility that may arise. In this rapidly changing market, maintaining rationality and patience is the key to success.