#比特币价格分析 Looking back at Bitcoin's historical price movements, this breakthrough of the $90,000 mark is truly thought-provoking. From just a few cents in the beginning to where it is now, it has gone through countless ups and downs. I remember the crazy bull market at the end of 2017—when it broke $10,000, the world was in a frenzy. Who would have thought that just a few years later, $90,000 would become just another milestone.

There are a few notable points about this rally: First, it happened right before Thanksgiving in the US, so trading volume might be insufficient, and we need to watch out for a false breakout. Second, there are a lot of sell orders around $92,000, so whether it can break through that level is critical. Third, there are some positive signals on the technical side, such as the formation of higher lows.

However, from a longer-term perspective, Bitcoin's price volatility is getting smaller, and it has already passed its wildest stages. Now, it's more about finding a reasonable valuation range. As an emerging asset, it has a long future ahead, but investors need to remain rational and not be blinded by short-term price swings.

From past experience, no asset can escape the law of cycles, and Bitcoin is no exception. Things may look great now, but market sentiment often reverses at extremes. Staying cautious and managing risk well is the key to long-term survival. History always repeats itself, but every repetition brings new changes. What we need to do is find a balance between change and consistency.