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Well-known financial commentator Jim Cramer recently expressed skepticism about Bitcoin reaching $500,000, let alone $1 million. Interestingly, this kind of widespread market doubt often serves as a signal.
Every bull and bear cycle has its own characteristic markers. The keyword for this round might be — contrarian operation. Look at the current situation: widespread skepticism in the market, institutional investors still continuously buying, Bitcoin's circulating supply has long been fixed, while demand continues to rise. From a fundamental perspective, these factors are quietly accumulating. History is always interesting; most of the time, market turning points come from those moments when they are least expected.