The Bitcoin market has recently exhibited a remarkable growth pattern. Since mid-April, its price has steadily climbed from over 80,000 yuan to around 120,000 yuan currently, accompanied by continuous fluctuations throughout the process. This slow and steady upward trend is regarded by many market observers as the most ideal state of growth.

A notable characteristic of this type of growth model is its ability to effectively suppress excessive inflation of market sentiment. Although prices have risen by about 50%, there are still a large number of potential investors taking a wait-and-see attitude, hesitating whether to enter the market. This cautious mentality causes the market sentiment indicators to hover between neutral and mild greed, avoiding the emergence of overheating.

However, this gradual rise in the market also buries potential risks for the future. If a sudden wave of intense increases occurs, it may trigger panic buying from retail investors, leading to a rapid shift in market sentiment towards extreme greed. In the history of the cryptocurrency market, the emergence of such extreme greed is often seen as a signal that prices are about to reach their peak.

Therefore, although the current oscillating rise seems healthy, investors still need to remain vigilant and closely monitor changes in market sentiment. Reasonable risk management and calm judgment are particularly important in this market environment. After all, in high volatility assets like Bitcoin, market conditions can change dramatically in a short period of time.