#比特币价格走势 After reviewing the viewpoints of Banmu Xia and Adam, the interesting part is that—the market is currently at a "breakdown of consensus" point.

Banmu Xia straightforwardly states: Bitcoin is no longer a good bullish opportunity, and the risks are increasing. This judgment is quite sobering because it breaks many people's expectations of "still pushing forward." From a liquidity perspective, the ongoing ETF sell-offs are weakening the mid-term support logic, which is no small matter.

On the other hand, Adam's point is very realistic—breaking through the $90,000 barrier is not easy, and liquidity exhaustion before Christmas could bring downward pressure. The crowded long positions in futures are also amplifying volatility. While volatility dropping to historical lows sounds calm, it is actually brewing for a larger directional rupture.

For me, this kind of community division is actually a signal. Both the Chinese and English communities are hesitating, indicating that there is indeed a lack of high-probability opportunities in the short term. During an adjustment phase, there should be a corresponding strategy—either wait until the probabilities are clearer before entering, or if you already have follow-on positions, strictly implement stop-loss plans and don't expect to tough it out in a low-liquidity environment.

The judgment that risks are increasing is worth taking seriously.