#比特币长期价值趋势 After reading the new perspectives from Bitwise and KobeissiLetter, I have to admit that this wave of analysis hit my key thinking points.

Let's organize the key information: Bitcoin is expected to steadily rise over the next ten years but is unlikely to see extreme surges. A recovery is possible by 2026, and the mechanical bear market is currently cleansing excessive leverage. What does this mean? It suggests that aggressive short-term traders may need to adjust their pace.

From a copy-trading perspective, the biggest challenge for traders now is not courage but patience and risk management skills. Experts who rely on extreme leverage to chase high multiples are more likely to get caught in pitfalls during this cycle. Conversely, traders who control position sizes, set reasonable stop-losses, and can maintain stable copy-trading during bear markets are showing more noteworthy performance this year.

The expectation of a 175% surge in precious metals compared to Bitcoin's weakness indicates that funds are reallocating into safe-haven assets. This sends us a signal: traders who solely follow Bitcoin's bullish trend may need to incorporate hedging strategies or wait for the 2026 milestone.

Honestly, at this stage, I prefer to follow traders who understand the concept of "exiting alive" rather than stubbornly betting on extreme bullishness. A 6% annual decline isn't large, but this process reveals who truly has risk control awareness. Pay attention to traders who reduced their positions promptly after the November high; their understanding of market cycles may be more valuable than that of the aggressive crowd.