#加密货币市场分析 Seeing this message, I can't help but think of the frenzy during the big bull market a few years ago. The BTC chip structure has tightened to 17.6%, reaching a two-year high, which feels very familiar. Last September, it was only 15%, which triggered a big rally; now it's even higher, so we must be cautious.

Although analysis suggests a major volatility is imminent, the direction is hard to predict. I've experienced too many market deceits, so I no longer trust technical indicators easily. The current situation seems more like the market maker is gathering strength, ready to play a big move at any time.

For ordinary investors like us, it's better to focus on risk management rather than guessing the ups and downs. Set stop-loss levels, avoid leverage, stay alert but don't blindly FOMO. Remember, in this market, surviving longer is more important than making more money. Let's stay sober and not be fooled by short-term fluctuations.