The news of Bitcoin breaking through $89,000 excites me immensely! This is not just a numerical milestone, but also symbolizes the strong momentum of the cryptocurrency market. The heightened expectations of a Fed rate cut have undoubtedly injected a boost of confidence into the market. We can see that not only has Bitcoin benefited, but the Nasdaq has also surged by 2.69%, indicating that the correlation between crypto assets and traditional financial markets is strengthening.

Although market sentiment is high, we must remain rational. As Arthur Hayes mentioned, the market may retest the $80,000 level. This reminds us that short-term fluctuations are inevitable, and it’s important to focus on the long-term trend. ETF inflows are providing buying support for Bitcoin, which is a positive signal, showing that institutional investors’ interest in cryptocurrency is increasing.

For regular investors, now might be a good time to gradually build positions. But please remember, never invest more than you can afford to lose. The road ahead may have its ups and downs, but I firmly believe that as decentralized finance continues to develop, the future of cryptocurrency will be even brighter. Let’s look forward to the arrival of the Web3 era together!