#比特币价格分析 Looking back at the Bitcoin market over the years, it truly evokes a multitude of feelings. Today, I saw PlanB analyzing the monthly RSI of Bitcoin reaching 66, with a steady upward trend, which inevitably reminds me of the ups and downs of the past.

During the crazy bull market in 2017, the RSI soared above 90, and many newcomers mistakenly thought this was the norm. However, the bear market of 2018 dealt them a harsh blow. In contrast, the current RSI of 66 appears quite healthy. It is neither as sluggish as during the bear market nor trapped in the overexcitement of overheating.

This data reminds me of the slow recovery period in 2019. At that time, the RSI was also hovering between 60 and 70, laying the groundwork for the big surge in 2020. History is always surprisingly similar, but we cannot blindly apply past patterns.

The current market environment is vastly different from four years ago. The participation of institutional investors, changes in regulatory policies, and fluctuations in the global economic situation have all introduced new variables for Bitcoin. We need to take a more comprehensive view of the current trends rather than simply expecting a replay of the cycles.

Regardless, a steady rise is always a good thing. It instills confidence in the market and provides breathing room for long-term holders. However, we must also be vigilant, as excessive optimism may lead people to overlook potential risks. Staying clear-headed and managing risks well is key to surviving in this market in the long run.