2025-12-24 13:23:44

This year's most heartbreaking thing isn't Bitcoin failing to reach a new high, but rather reaching a new high and feeling nothing.

Look at the assets around you: gold soaring all the way up, the US stock market looking quite decent, even the A-shares have regained some confidence. And Bitcoin? It keeps bouncing around the new high level, but you hear a lot of people around saying the same thing—"It's gone up so much, why do I still feel nothing?"

This mindset actually reflects an essential change. Bitcoin is no longer the kind of growth asset where you can just "go all in and make money." Now, it’s more like a risk asset on a balance sheet, being scrutinized item by item with a calculator: interest rate trends, market liquidity, risk appetite... As soon as these variables shift, its valuation immediately adjusts accordingly.

In other words, the logic of the bull market has changed. Previously, it relied on storytelling to attract incremental funds; now, the market's question is more direct: "Why should it keep rising? Where is the new money coming from?"

How to respond to this situation? It’s actually quite simple:

If you treat Bitcoin as your core holding, don’t be scared by 15-minute K-line charts.

If you’re using it for swing trading, don’t hold onto positions with faith alone.

Most importantly, avoid those who say they’re in it for the long term but are actually operating short-term trades.

So, what’s your approach—are you accumulating Bitcoin now, or are you doing swing trading?

BTC-0.27%

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StopLossMaster

· 4h ago

Honestly, right now trading cryptocurrencies is all about mindset. I totally understand the feeling of being indifferent to new highs. But I actually think this is a good thing, indicating that the market has matured and bubbles are fewer. Those still dreaming and blindly going all-in should wake up. Currently, I am just holding a core position plus swing trading, never relying on faith to hold. If I lose, I cut. There's nothing to overthink. I really dislike those who shout "ten years ten times," but are actually chasing highs and selling lows every day.

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DoomCanister

· 4h ago

That hits too close to home. This time, it's really just the end of incremental funds, and it's a battle over existing assets.

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LightningHarvester

· 4h ago

Really, this new high actually makes people more conflicted, much less excited than last year's enthusiasm. How should I put it, now trading coins really requires thinking, can't rely solely on emotions and stories to support it. I'm the kind of person who keeps hesitating, wanting to hold long-term but my hands are too cheap, haha. That's the most heartbreaking—knowing I should hold for the long run, but still watching the market second by second. The market liquidity isn't as hot anymore, truly, I can feel it. Maybe we should all stop fooling ourselves and admit that we're just swing trading, and that's it.

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StealthMoon

· 4h ago

Basically, it's a mindset issue. It was faith-driven before, but now it's driven by calculations. When it reaches a new high, no one gets excited, which is quite ironic. How far this round of market can go depends on the Federal Reserve's stance. I'm just holding now; short-term trading can break my mentality. No new money entering the market is the ceiling.

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TheShibaWhisperer

· 4h ago

Sigh, you're so right. Now, making money actually makes me feel more exhausted. The lack of motivation is because my mindset has changed; the once-held dream of betterment is gone. Old-timer, stay steady with your core holdings, really don't watch the charts anymore. I'm just focusing on accumulation; swing trading is too exhausting.

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NewDAOdreamer

· 4h ago

I'm overwhelmed, the price has risen to a new high, but I'm actually more anxious. It's truly absurd. Basically, there's no new capital coming in to buy, and the story can't be spun anymore. A bunch of people stubbornly say they look at the K-line every day for the long term, and I wonder when this kind of tossing around will finally end. Honestly, either you just honestly hold coins, or you act as a swing trader and don't show off. A mixed approach is the easiest to blow up. Are there still people going all-in without looking at the fundamentals? It feels like everyone has become more cautious.

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SellLowExpert

· 5h ago

Honestly, this new high isn't as exciting as expected; it feels like everyone is just playing with numbers. Really, gold and US stocks are clearly rising, but the crypto world just makes people feel exhausted. If you don't feel anything, that's fine. I'm just holding my core position now; I stopped short-term trading a long time ago to avoid staring at the charts like a lunatic every day. Bitcoin now is just like a risky asset. Don't believe any stories—just see who has the money. To be honest, the real pain point is where the new funds are coming from. People who do both long-term holding and short-term trading deserve to get cut.

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