#国家战略比特币储备 The rumors of Venezuela's "shadow Bitcoin reserves" are indeed interesting. Although unconfirmed, the signal itself is enough to sway market sentiment. Looking at options data makes it clear—trading 3,000 call options with a $100,000 strike price indicates that the bears are conceding, and the capital structure is clearly shifting bullish.

What I am most concerned about is the Gamma risk. As spot prices continue to rise, forced buying by market makers creates a self-reinforcing effect, making short-term gains likely. But there's a trap—profit-taking during the US trading session is a common script, and it has played out many times in history.

From a follow-trade perspective, it's crucial to be especially cautious when selecting counterparts in this macro-resonance environment. Aggressive traders might earn excess returns during this wave of sentiment but risk falling into Gamma reversal traps; conservative traders might miss out on the initial gains. I currently prefer to split positions—let the aggressive accounts ride the wave, while conservative accounts protect core profits, using time to buy space and verify whether the Venezuela story is true or not.

Experience has shown me that the most profitable approach is never chasing the trend but rather stabilizing arbitrage at the trend's peak. This market move is highly profitable, but the traps are also deep.