資深交易員彼得布蘭特警告比特幣愛好者註意多種風險，包括過度槓桿化和不切實際的期望

以其近5年市場經驗而聞名的資深交易員彼得·布蘭特（Peter Brandt）向比特幣愛好者和參與者發出了警告訊息。

Seasoned trader Peter Brandt, with nearly five decades of market experience under his belt, has issued a warning to Bitcoin enthusiasts and participants. As Bitcoin’s price continues to rise, he has cautioned traders against several risks.

擁有近五十年市場經驗的經驗豐富的交易員彼得·布蘭特（Peter Brandt）向比特幣愛好者和參與者發出了警告。隨著比特幣價格持續上漲，他警告交易者註意多種風險。

These risks include overleveraging, failing to prepare for downturns, and harboring unrealistic expectations. He cautions that without proper risk management, many could face devastating losses in case of a significant market correction.

這些風險包括過度槓桿化、未能為經濟低迷做好準備以及抱持不切實際的期望。他警告說，如果沒有適當的風險管理，如果市場出現重大調整，許多人可能會面臨毀滅性的損失。

Brandt’s advice comes as Bitcoin’s price dynamics remain both thrilling and dangerous. Over the past few months, Bitcoin price has pleased investors like Michael Saylor and many by soaring past the psychological $100,000 milestone in early December. In early December, it reached a record high of over $108,000.

布蘭特提出建議之際，比特幣的價格動態仍然既令人興奮又危險。在過去的幾個月裡，比特幣價格在 12 月初飆升至 10 萬美元的心理里程碑，令 Michael Saylor 等投資者和許多人感到高興。 12月初，它達到了超過108,000美元的歷史新高。

However, by year-end, a pullback drove Bitcoin price value below $92,000, sparking concerns among market participants. Yet, the bulls regained control as the new year began. Bitcoin was trading at $101,500 at the time of writing.

然而，到年底，比特幣價格回落，跌破 92,000 美元，引發市場參與者的擔憂。然而，隨著新年的開始，多頭重新獲得了控制權。截至撰寫本文時，比特幣交易價格為 101,500 美元。

Despite this resurgence, Peter Brandt remains wary of overconfidence in the market. He further highlights that Bitcoin’s price history shows sharp corrections and volatility that caught unprepared traders off guard.

儘管復甦，彼得·布蘭特仍然對市場過度自信保持警惕。他進一步強調，比特幣的價格歷史顯示出劇烈的調整和波動，讓毫無準備的交易者措手不及。

While the market’s current sentiment leans bullish, Brandt believes a major crash could be lurking on the horizon. Continue to read on to learn why Peter Brandt believes Bitcoin price could fall.

儘管市場目前的情緒偏向看漲，布蘭特認為，一場重大崩盤可能即將來臨。繼續閱讀以了解為什麼 Peter Brandt 認為比特幣價格可能會下跌。

Why Peter Brandt Is Warning About A Sharp Fall

為什麼彼得·布蘭特警告經濟急劇下滑

In his latest post on X, Peter Brandt reflected on Bitcoin’s extraordinary journey, tracing its ascent from a mere $0.07 in 2010 to nearly $100,000 in 2025. When calculating these gains, it becomes approximately a staggering 1.4-million-fold increase.

Peter Brandt 在X 上的最新貼文中回顧了比特幣的非凡歷程，追蹤其從2010 年的區區0.07 美元上漲到2025 年的近10 萬美元。 。

While this growth is undeniably historic, Brandt issued a sobering reality check. With Bitcoin’s market capitalization now exceeding $2 Trillion, he expressed skepticism about the lesser-than-none possibility of replicating such exponential gains in the future.

雖然這種增長無可否認是歷史性的，但布蘭特發出了發人深省的現實檢驗。隨著比特幣的市值現已超過 2 兆美元，他對未來複製這種指數級增長的可能性表示懷疑。

Peter Brandt further said that while Bitcoin’s price trajectory was remarkable, traders must remain mindful of potential market corrections. He suggested that a 50% drop in Bitcoin’s value is likely, which would see its price retreat to around $50,000.

Peter Brandt 進一步表示，雖然比特幣的價格軌跡引人注目，但交易者必須時刻警惕潛在的市場調整。他表示，比特幣的價值可能會下跌 50%，這將導致其價格回落至 5 萬美元左右。

Similarly, adding more to his pessimism, he also warned that altcoins and meme tokens could fare even worse during a downturn. He said that these other assets could potentially lose 90% of their value or more.

同樣，他還警告說，山寨幣和模因代幣在經濟低迷時期的表現可能會更糟，這進一步加劇了他的悲觀。他表示，這些其他資產的價值可能會損失 90% 或更多。

However, despite his warnings, Peter Brandt clarified that he still choose to remain a Bitcoin holder and a supporter of other assets like Solana. Drawing from his decades of experience, he reminded traders that the market’s ups and downs are inevitable. Conseuqently, he urged that investors should prepare for significant dips, even amid Bitcoin’s price long-term success.

然而，儘管發出警告，Peter Brandt 澄清說，他仍然選擇保留比特幣持有者和 Solana 等其他資產的支持者。憑藉數十年的經驗，他提醒交易者，市場的漲跌是不可避免的。因此，他敦促投資者即使在比特幣價格長期成功的情況下也應該為大幅下跌做好準備。

Bitcoin USD’s Diminishing Returns Requires Discipline To Handle Market Volatility

比特幣美元收益遞減需要紀律來應對市場波動

Brandt, known for his sharp eye for market trends, has consistently highlighted the pattern of diminishing returns in Bitcoin’s price bull cycles. While BTC’s past gains have been great, he feels that many younger investors are too hopeful for BTC’s future potential.

布蘭特以對市場趨勢的敏銳洞察力而聞名，他一直強調比特幣價格牛市週期中收益遞減的模式。儘管 BTC 過去的漲幅很大，但他認為許多年輕投資者對 BTC 的未來潛力過於樂觀。

This optimism of younger investors, he suggests, could lead to unrealistic expectations. Unrealistic expectations could be harmful due to their unpreparedness for the inevitable market corrections times. He also said that in the next 5 to 10 years, it seems very likely that some stocks could outperform BTC gains.

他認為，年輕投資者的這種樂觀情緒可能會導致不切實際的期望。不切實際的預期可能是有害的，因為他們沒有為不可避免的市場調整做好準備。他也表示，在未來 5 到 10 年裡，有些股票的漲幅似乎很可能會超過 BTC。

However, Brandt’s outlook isn’t all cautious. He also pointed out some promising indicators too that underline Bitcoin’s mid-term bullish potential.

然而，布蘭特的前景並不完全謹慎。他也指出了一些有希望的指標，強調了比特幣的中期看漲潛力。

One notable milestone he highlighted recently was Bitcoin’s price performance relative to gold. In December 2024, Bitcoin reached an all-time high price in terms of the Bitcoin-to-gold ratio. This signals its growing strength as a store of value.

他最近強調的一個值得注意的里程碑是比特幣相對於黃金的價格表現。 2024 年 12 月，比特幣與黃金的比率達到歷史最高價格。這標誌著其作為價值儲存手段的實力不斷增強。

Looking ahead, Peter Brandt predicted that if gold prices remain steady without significant revaluation, the Bitcoin/Gold ratio could climb as high as 89:1. Such a scenario could propel Bitcoin to an new all-time high.

展望未來，Peter Brandt 預測，如果金價保持穩定且不大幅升值，比特幣/黃金比率可能會攀升至 89:1。這種情況可能會推動比特幣創下歷史新高。

Furthermore, Peter Brandt’s major concerns lie in the risks tied to speculative markets and over-leveraging. According to Brandt, the widespread use of leverage multi-folds potential losses, making investors particularly vulnerable during corrections. A sharp market crash could leave many portfolios in ruin.

此外，彼得·布蘭特主要擔心的是與投機市場和過度槓桿化相關的風險。布蘭特表示，槓桿的廣泛使用使潛在損失成倍增加，使投資者在調整期間特別容易受到傷害。急劇的市場崩盤可能會導致許多投資組合破產。

Brandt urged traders to exercise caution, particularly during periods of optimism, and to brace for the possibility of steep declines in Bitcoin’s price. A disciplined approach, he argued, can mitigate the impact of corrections, especially given Bitcoin’s speculative nature.

布蘭特敦促交易者保持謹慎，尤其是在樂觀時期，並為比特幣價格可能大幅下跌做好準備。他認為，嚴格的方法可以減輕修正的影響，特別是考慮到比特幣的投機性質。

While he maintains a bullish outlook for Bitcoin’s mid-term future, he also cautioned against reckless expectations of exponential growth. Moreover, he reminded investors that the cryptocurrency’s meteoric rise in the past is no guarantee of a similar

雖然他對比特幣的中期未來保持看漲前景，但他也警告不要魯莽地期望指數級增長。此外，他提醒投資者，加密貨幣過去的快速崛起並不能保證類似的情況