The Different Faces in a Bull Market

March 5, 2026, Bitcoin breaks through $71,113.

This news, in the eyes of different people, is a completely different scene.

For Lao Zhang, who just crawled out of a bear market, this is a sweet reward after hardship. Over the past year, he experienced countless sleepless nights watching the market and doubting life. When his account retraced 40% from its peak, he didn’t sell; when the market stagnated for half a year without much change, he didn’t exit. Today, he can finally say to his former self who wanted to give up: “Good thing I didn’t leave.”

For Xiao Lin, who entered the market three months ago, this is a surprise. She doesn’t understand what MACD is, nor does she know about halving cycles; she just heard from a friend that “this can make money,” and threw her spare money in. Today, she opened her account to find it had risen 20%, and excitedly took a screenshot to post on social media: “I’m also a crypto trader now!” As for whether it will go up or down tomorrow, she hasn’t thought about it and doesn’t care—at least today, she’s happy.

For A Feng, who has been holding no position for half a year, this is torture. He’s been waiting for Bitcoin to fall back to 50,000 before entering, but the market kept oscillating upward, climbing higher and higher. Today’s big bullish candle completely shattered his mental defenses. “Should I chase?” he repeatedly asked in the group, with no one able to answer him. Chase, afraid of catching the bag; don’t chase, afraid of missing out. This dilemma is more painful than losing money.

For Da Liu, who trades futures, this is celebration and hell. He opened a long position, and his unrealized profit has doubled, but he doesn’t dare sleep, fearing that a needle prick in the middle of the night will wipe out all his gains. The blue light from the screen reflects on his face, his coffee has gone cold, and the ashtray is full. He knows that this trade will either set him free or wipe him out completely.

For Lao K, who has experienced two cycles of bull and bear markets, this is just an ordinary day. He didn’t add or reduce positions, didn’t even watch the market closely. In the evening, he had dinner with his family, watched some TV, and before sleeping, glanced at the price, nodded, turned off the lights, and went to bed. He understands that a real bull market isn’t over in a day; true wealth isn’t built by staring at the screen nonstop. $BTC

The same market, a hundred different faces. Which one are you? #加密市場上漲