#比特币价格分析与趋势 The logic of Bitcoin is quietly changing, and this shift is actually good news for us crypto enthusiasts.

The pattern of the past few bull markets is well known: geeks → programmers → retail investors → mainstream finance. Each wave of price increases was driven by the diffusion of awareness. But now, the introduction of ETFs and institutional participation has rewritten the rules of the game. A large amount of BTC is being locked in as long-term assets, similar to entering a central bank vault, and liquidity is shrinking continuously in the short term.

What does this mean? The next rally will no longer rely on new concepts and beliefs to attract retail investors, but rather on natural supply-side pressure. The chips are becoming tighter, fewer people are willing to sell, and the price naturally moves upward.

For us, this is a golden window to incubate new projects. During the transition of Bitcoin’s logic, projects with real interactive value are actually more likely to be undervalued. Now is the best time to push for airdrops and complete basic interactions—once the price really starts to rise, the cost of participation will be much higher. Instead of waiting for new narratives to emerge, it’s better to finish the interactions early and sit back, waiting for the benefits brought by shrinking supply.