Bitcoin’s uncertainty after 100,000 US dollars: 10 people’s opinions will help you understand the crypto market outlook

After the price of Bitcoin broke through $100,000, the market has been filled with contradictory emotions, and investors have been swinging between optimism and fear. Crypto analyst Miles Deutscher has compiled 10 tweets, telling investors to focus on quality assets and remain calm. The overall market structure is more stable and still has potential.

(Extended reading: The last mile of the bull market: When will the retail investors return?)

1. The long-term benefits of regulation have not yet been Priced in

First, global macroeconomist Alex Krüger believes that the public support of the US President and a friendly regulatory environment will have a huge and long-term market impact, including:

• Institutional adoption: Banks, multinational companies, and government agencies will use blockchain for payments and asset tokenization.
• Legitimacy of the retail market: The general public's attitude towards cryptocurrencies may shift to a "more positive" view.
• Global impact: Other countries may emulate the policies of the United States.
• Burst of innovation: Regulatory clarity will encourage more developers and companies to innovate.

This impact cannot be fully reflected in the market price in just a few weeks.

(Ban CBDC! Trump's new executive order pushes blockchain, establishes stablecoin legislation and consolidates the sovereignty of the US dollar)

2. Liquidity is tight, but there are signs of easing

Next, crypto analyst Jamie Coutts cited a line from "Dune" - "the spice must flow" - to draw an analogy with the importance of liquidity in the financial market, pointing out that although the current macroeconomic liquidity environment is still relatively tight, it has eased somewhat in the past two weeks.

He said that as the strong US dollar suppresses global demand, political competition continues, and the long-term trend of market liquidity remains uncertain:

This is a political game, and the US knows that a strong dollar will dampen global demand and China's recovery. As a bargaining chip, Trump will use this to give the US an advantage.

3. The surge in Altcoins has dispersed market capital

Pentoshi of the Beam Foundation pointed out that the main reasons for the generally poor performance of Altcoins in this cycle include:

• Bitcoin has performed too well.
• Too many token varieties have led to market dilution.
• The market is becoming more mature and competitive.

Now, investors' standards for Altcoins will gradually increase, and capital will be concentrated on projects with fundamental support.

(The lost Ethereum? A new investment paradigm: TRUMP drives SOL, bypassing ETH to enter the Altcoin season)

IV. Only high-quality crypto projects can survive

Crypto KOL Jesse Eckel also mentioned a similar view, emphasizing that although the number of tokens in the market has surged, with most of them being scam tokens or meme coins with no real utility, this has not prevented the arrival of the Altcoin season:

Funds will flow to those that can pass the standard of quality projects, and future fund flows will be more concentrated on high-quality projects.

(Trump Coin becomes the ultimate harvester! The founder of AllianceDAO says that most AI Tokens are short-term speculation, and the industry needs to return to its original intention)

V. Asset selection becomes more important

Crypto researcher Jay said that by observing the market's rising and falling index (ADI, A/D), it can be found that the importance of asset selection will become higher in this cycle:

The ADI has been declining since November 2021, implying that this Altcoin season will not see a widespread rally as in the past.

VI. Market sentiment and recent events impact

Crypto KOL Game analyzed and summarized the following factors regarding the market sentiment volatility in the past two weeks:

• Trump meme coin effect: Absorbing market liquidity, weakening the performance of other Tokens.
• Overheated hype around Trump's positive news: Trump's inauguration and executive order did not bring the expected positive effects.
• On-chain fraud continues to drain liquidity: Rug Pulls and low-quality projects further extract market liquidity.
• AI hype cools down: The release of the DeepSeek R1 model has raised concerns about the peak of Nvidia and AI.

(China's AI catches up: DeepSeek releases R1 model, challenging the US's technological leadership)

VII. The market's bull-bear debate

Delphi labs founder José Maria Macedo summarized the recent bullish and bearish factors:

• Trump's issuance of meme Tokens may deepen the public's negative perception of cryptocurrencies, especially for those who have suffered losses.
• Trump's pro-crypto policy and the lack of follow-up on specific Bitcoin reserve plans.
• Unlike previous bull markets, this rally seems to be driven mainly by Bitcoin and external factors, without new innovations to support price growth.

• The $TRUMP Token may bring hundreds of thousands of new users to the blockchain, increasing market exposure and opening similar opportunities for other celebrities.
• Trump's sons are actively purchasing millions of dollars worth of cryptocurrencies through World Liberty Financial, indicating the family's support for the field.
• Trump's executive order focuses on developer and investor protection, including stablecoins and banning central bank digital currencies (CBDCs), providing clarity for regulation and promoting innovation.
• Trump's team and newly appointed personnel are quite crypto-friendly.

(Crypto Czar leading the digital asset market working group, developing a regulatory framework and evaluating digital asset reserves)

VIII. Don't be affected by the PTSD of 2022

Alpha please researcher Aylo reminded that the fear left by the past bear market is profound, but investors still need to respond calmly:

Unlike 2022, the leverage and risk-taking behaviors in this cycle are more concentrated in specific market segments, and the overall structure is more stable. We need to move on from the shadows of the past and rationally view future developments.

IX. The main cause of market fatigue

At the same time, crypto KOL Gum also pointed out the main reasons for the market's fatigue in this cycle, mainly due to:

• The gap between high price expectations, especially for Ethereum (ETH).
• The sense of loss from missing out on rising Tokens, which has damaged participants' confidence.
• Some investors trying to make up for their losses through frequent trading, but with the opposite effect.

However, this does not mean that the market has reached its peak, but rather that it is continuing on its original trajectory of a slow upward trend.

(The key to ETH price increase? Vitalik wrote: ETH should be promoted as the primary asset for the L1 and L2 economies)

X. Stay calm and take a break when needed

Finally, trader Mercury reminded that in the face of market volatility, taking a break is an important way to maintain rationality. Putting down short-term pressure and readjusting your mindset before returning to the market can more effectively seize opportunities:

Although the Bitcoin market is full of uncertainty, the long-term trend is still bullish. Investors need to stay calm, choose quality assets, and pay attention to macroeconomic events and changes in market sentiment to adapt to this rapidly changing market environment.