#比特币价格走势 Seeing Tom Lee's explanation, I have to say honestly—this is a classic case of "wearing new shoes while walking the old path." Short-term defense combined with long-term optimism sounds impressive, but from another perspective, it highlights a key issue: even within professional institutions, there are huge disagreements about the future market.

Having been in the crypto world for many years, what I fear most is this kind of "playing both sides" rhetoric. The chairman is bullish about a new all-time high in January 2026, while analysts predict a drop back to 60,000-65,000 in the first half of 2026. This isn't just about differing responsibilities; it's about hedging risks while leaving room for explanations. No matter how the market moves, they have something to say.

The key question is, how will retail investors interpret this information? Some will blindly follow the bullish trend and chase at high levels; others will be scared out by bearish predictions. This is the scenario that whales and institutions love to see—retail investors fighting among themselves. Win or lose, they profit either way.

My simple advice: don't be fooled by these pretty words. Whether Bitcoin can reach new highs depends mainly on three fundamentals: real on-chain liquidity, institutional spot inflows, and macro liquidity. Short-term fluctuations are part of the game, but they don't determine how long you'll survive. Defense is correct, but the target of that defense should be your own greed and FOMO, not blindly following any institution's rhetoric.