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What is Bitcoin missing? The rise in volatility is the key.
[Bit推] As 2025 is approaching its end, the performance of Bitcoin's rise has indeed disappointed many. Industry insiders have recently pointed out a key issue - relying solely on the evolution of price itself, it cannot achieve a true big pump. In other words, if volatility does not significantly increase, Bitcoin's goal of achieving a substantial price breakthrough is basically a mirage. This reminds us that what truly drives the rise of encryption assets is often not just time and expectations, but also the combination of market activity and risk premium. For long-term Holdings holders, this is a signal worth pondering.