#比特币价格走势 Seeing VanEck's perspective, it reminded me of a common investment psychological trap.

Bitcoin's performance this year has indeed been disappointing, lagging about 50% behind the Nasdaq 100 index. This has caused many to feel disappointed. But by examining the logic of this information carefully, I found a point worth pondering — it is precisely because of this "dislocation" that space is created for subsequent adjustments.

The fundamental factors mentioned by asset management institutions all point in the same direction: accelerated currency devaluation and changing liquidity environments. These macro factors will not disappear because of this year's weakness; instead, they may continue to ferment next year. But this is not an encouragement to chase the market up; rather, it is a reminder to do two things.

First, reassess your asset allocation. If Bitcoin accounts for too high a proportion of your portfolio, the current correction is actually a good opportunity to rebalance. Second, do not let short-term performance influence your long-term judgment. The weakness this year already contains many pessimistic expectations, which actually reduce subsequent risks.

The key is to maintain position discipline. No matter how optimistic you are about the future market, you must ensure you can withstand a 20%, 30% fluctuation. Safety will always come first.