#BTC市场分析 Recently, I saw BlackRock's decision, and I have some thoughts I want to share with everyone.

Placing Bitcoin alongside U.S. Treasuries and leading technology stocks as the three main investment pillars for 2025 not only reflects a shift in institutional attitudes but also signifies a deeper consideration of the global fiscal landscape. BlackRock's logic is clear—against the backdrop of expanding sovereign debt and rising currency devaluation risks, seeking "non-correlated assets" outside the traditional financial system has become a necessity.

But I want to remind everyone that institutional endorsement does not mean we should follow the trend and chase high prices. The truly prudent approach is to understand the principles behind this framework and then allocate assets reasonably based on your own risk tolerance. The positioning of Bitcoin as "digital gold" is worth noting, but how much it should constitute in your overall asset allocation varies from person to person.

My advice is: there's no need to rush into all-in positions, nor to completely avoid it. The key is to have a clear position management plan—define your safety boundaries and regularly review whether your allocation still aligns with your long-term goals. Institutional backing provides us with more reference information, but the final decision still lies in your hands. This market needs thinkers, not followers.