Last year, when Bitcoin broke through the $60,000 and $80,000 marks, the market was completely boiling. Everywhere there were voices like "Bitcoin is about to change the world" and "100K dollars is within reach." Optimism was rampant on social media, investors were rubbing their fists together, and some even borrowed money to leverage and get on board, all wanting to catch this wave of market.

But recently the wind has changed. Bearish signals for 100K Bitcoin have begun to appear in the market. What does this shift indicate? It indicates that investors have started to calm down from extreme optimism, reflecting a self-correction of market sentiment and a deep adjustment of mindset.

Why is there such a reversal? It mainly comes down to the issue of emotions themselves. In the crypto market, especially with leading assets like Bitcoin, the power of emotions is particularly strong and spreads quickly. Last year, global liquidity was relatively ample, and institutions began to recognize crypto assets, which led to a continuous rise in Bitcoin. Naturally, market sentiment followed and became high. Whether professional investors or retail investors, everyone believed that Bitcoin would continue to rise, even reaching 100K.

Emotional euphoria never lasts forever. Once the price rises to a certain level, any negative news can trigger a reversal in sentiment. Several factors have indeed been occurring recently - the Federal Reserve's interest rate hike expectations are rising, global regulations are tightening, and Bitcoin's price has slightly adjusted. These signals combined are enough to shift the market from extreme optimism to caution, and even a bearish outlook. This is not a market crash, but rather investors are reassessing the balance of risk and opportunity through their actions.