#比特币价格走势 Seeing the latest insights from a Bloomberg strategist, I am reminded of the investor stories I have encountered over the years.

The market is changing, that’s for sure. When Bitcoin rose tenfold from $10,000, many positive developments had yet to materialize—ETFs hadn’t appeared, and mainstream acceptance was still low. But now? These expectations are gradually coming true. A key phrase mentioned by the strategist made me pause: the risk-reward structure has changed.

This doesn’t mean Bitcoin has no opportunities, but it serves as a reminder to adjust our perspective. The high returns driven by high uncertainty in the past will indeed shift once expectations are fully priced in. From 2009’s single digital asset to now over 28 million, this proliferation is also diluting the overall ecosystem’s attention and certainty.

My advice is: if you already hold Bitcoin, ask yourself a few questions—what percentage of your total assets does this position represent? Can you withstand short-term volatility? Can you endure a pullback to lower levels? A long-term mindset is important, but it’s even more crucial to base your strategy on a reasonable position size. The moment when the risk-reward structure changes is often when you need to calmly reassess your holdings.

Being prudent isn’t about missing opportunities, but about finding the right balance between opportunity and safety that you can endure.