The dramatic fluctuation of Bitcoin prices actually reflects a typical capital speculation model. When prices begin to rise, investors often miss early opportunities due to hesitation, only to witness them soar to incredible levels, demonstrating astonishing profit potential.

The price drop is often accompanied by large holders cashing out while carefully creating the illusion of "low prices attracting new investors," luring those who hope to make quick profits into the market. If the number of new investors entering the market is insufficient, the price may be pushed up again, while those holding at a high level will continue to gradually sell off their chips.

It is worth considering: will those investors who entered the market during the high-level crash really exit permanently? A few disciplined individuals may decisively exit after making a profit, but most people tend to return to the market after tasting success, hoping to profit again. This is similar to the logic of a casino; the house is not worried about your occasional wins, but fears that you will not continue to participate in the game.

As more market participants are able to absorb most of the chips in the hands of the main players, a further rise in price may indicate that the main capital is about to withdraw. While you may be delighted by the continuous rise, what follows could be a complete crash, difficult to recover from. The journey from a few cents to hundreds of thousands has accumulated a massive profit margin, large enough to impact the U.S. bond market.

Therefore, investors who still want to make quick profits in the Bitcoin market today are no different from walking on the edge of a cliff, where a slight misstep could lead to serious financial losses. Although the digital currency market has opportunities, the risks are increasing day by day, and investors need to carefully assess their own risk tolerance.