Today, we are going to delve into a hot topic: should we adopt a cautious attitude when most people are optimistic about the Crypto Assets market? Some investors have even started shorting, hoping to profit from the optimistic long positions investors. However, this widespread optimism may actually reflect an interesting phenomenon: in reality, the number of investors who are truly willing to go long may not be as high as it appears on the surface.

Let me explain why I still maintain an optimistic attitude:

First of all, the Federal Reserve's interest rate cut policy is not just a short-term positive message, but a signal of ongoing liquidity injection. This loose monetary policy often drives funds towards high-risk assets, including the Crypto Assets market. This trend has been present over the past decade.

Secondly, the number of people in the market claiming "everyone is going long, so we should short" may be greater than those who are truly going long. This actually indicates that those with a pessimistic attitude may not have built positions in reality, but are merely expressing shorting sentiments verbally. Once the market starts to rise, this fear of missing out (FOMO) mentality could become a driving force for further market increases.

Finally, we need to understand the uniqueness of the Crypto Assets market. The underlying logic of this market is more built on belief and expectations rather than traditional value assessment. Although we cannot accurately calculate the true value of Bitcoin, we know that the prosperity of the Crypto Assets ecosystem largely depends on the continuous influx of new investors. From exchanges to project parties, the entire industry is looking forward to the arrival of a bull market.

Of course, we must also stay clear-headed: bubbles will eventually burst, but it may not happen in the near future. Historical data shows that in the early stages of monetary policy easing, high-risk assets often perform well. However, investors should always remain vigilant, closely monitor market changes, and manage risks effectively.

Overall, although market sentiment is generally optimistic, this does not mean we should immediately turn pessimistic. On the contrary, understanding market dynamics, maintaining rational thinking, and moderately seizing opportunities may be a wiser strategy at this stage.