#比特币投资者行为# Looking back at the investment journey over the years, I have witnessed too many ups and downs. This statement from Trump's son reminds me of the bull run in 2017. At that time, Bitcoin surged to nearly $20,000, and many people were shouting "this time it's different." However, history is always surprisingly similar.

Now seeing someone warning against shorting Bitcoin and Ethereum, I can't help but smile. The market has never been one-sided, and every time there is extreme optimism or pessimism, it often signals a turning point. The $130 million in short liquidations is indeed impressive, but we must not forget the brutal bear market of 2018.

Over the past decade, the cryptocurrency market has gone through multiple cycles. Each time, there are people who believe "this time is really different", but in the end, the market always returns to equilibrium. Whether going long or short, it is necessary to remain rational and cautious.

For new investors entering the market, my advice is: study history, understand cycles, and maintain a calm mindset. Do not be misled by short-term surges and drops, nor should you blindly trust anyone's predictions. In this rapidly changing market, only by continuously learning and staying cautious can you survive in the long term.