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分析师称比特币FOMO情绪正在升温,但历史可能给出不同的答案

2026-09-23 03:15:10
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加密分析师迈克尔·范德波普指出市场情绪转变

加密分析师迈克尔·范德波普(Michaël van de Poppe)在X平台发文,指出当前市场情绪正在发生显著变化。他注意到,许多交易者目前正陷入“错失恐惧症”(FOMO)。然而,这些正是此前在比特币价格徘徊于6万美元附近时深受恐惧困扰的同一批人。

他的观点十分明确:在大行情爆发前夕,市场情绪往往反转得最快;而当下的情绪波动,可能并非预测价格走势的最佳依据。

周期对比分析

为支持这一观点,范德波普梳理了历史周期规律。在上一个周期中,比特币价格从1.6万美元飙升至12.5万美元;而在更早之前的周期里,其涨幅更是从3,000美元一路攀升至69,000美元。

他将当前的市场格局与上一轮周期中比特币估值仅为2.2万美元时的阶段进行对比,指出那仅仅是巨大涨幅开始前的早期阶段。

他在帖子中写道:“许多人此刻正感到FOMO,而在6万美元期间,许多人则充满恐惧。在此提醒一下,比特币在上一个周期中从1.6万美元涨至12.5万美元,而在更早期的周期中,则从3,000美元涨至69,000美元。”

Van der Bop also extends this argument to the altcoin realm. He said that if the historical cycle model holds, traders are far from getting in too late. "This means that there is still huge room for growth, especially for altcoins. It is still not too late to enter the market." He further added.

Macro-picture view

Whether it is based on cyclical mathematical models or fiscal downwind factors, the core logic is always the same: although current market sentiment may be overheated, the structural layout shows that this round of market is not over yet.

This cyclical assertion does not exist in isolation. Earlier this month, VanEck's Matthew Sigel said that Bitcoin could reach $100,000 within a year due to increased fiscal pressures in the United States and changes in liquidity conditions. Sigel pointed out that Bitcoin's volatility has dropped by about 50% compared to four years ago, marking a fundamental shift since the previous cycle. He emphasized that despite the volatility, institutional clients, including advisers and sovereign wealth funds, continued to buy.

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