#央行政策 I just came across an interesting perspective suggesting that the four-year cycle of Bitcoin is still there, but the driving forces have changed? 🤔 In the past, whenever the halving event was announced, everyone would follow suit and rush in. Now, with institutional investors entering the market, they are actually more cautious, paying attention to macro factors like central bank policies and liquidity.

This made me realize a question: I used to foolishly wait for the halving rally, but it turns out that others have been watching the Fed's every move. When the Fed cuts interest rates, I thought Bitcoin would rise, but it instead moved sideways? This is because the inflow of funds has slowed down, and the market lacks that surge of momentum.

It feels like my early trading experience—thinking I found a guaranteed pattern, only to find that the market had already changed its game. Now it seems that central bank policies and institutional movements influence price trends more than just technical cycles.

I want to ask everyone, are you still planning your strategies based on the four-year cycle, or have you shifted your focus to policy factors? I feel like I need to upgrade my understanding. 😅