#比特币市场周期与价格 The four-year cycle of Bitcoin has failed, and this is something we need to discuss thoroughly. CZ, Bernstein, and these pros are all talking about the same thing - the traditional Halving cycle rules are being broken, and we may have entered a Supercycle.

Why is this happening? The key lies in the change of market structure. Institutional funds have poured in, and the influence of retail panic selling has diminished. Even if Bitcoin corrects by 30%, the funds flowing out through ETFs are still less than 5%. What does this indicate? It indicates that the whales have taken their positions.

What insights does this have for us, the毛党? The market trend has lengthened, meaning there is more time available. New project airdrops and interaction opportunities will be more abundant, and there's no need to rush through that kind of tight short cycle. The current strategy should be: steadily participate in every interactive project, completing on-chain interactions with the least amount of gas and time cost.

Bernstein predicts a reach of $200,000 by 2027, and Grayscale is optimistic about the long-term prospects until 2033, which tells us that the airdrop season may still be long. Take advantage of the current stable market to quickly organize your interaction list, prioritizing participation in projects that are truly supported by institutional backgrounds, and seize the benefits brought by this Supercycle.