Bitunix Analyst: Jones Warns of "Big Bang" Bull Market, Retail FOMO Risk Rising

BlockBeats News, October 7 — Legendary investor Paul Tudor Jones recently pointed out that the combination of the Federal Reserve restarting its easing policy and a massive fiscal deficit could trigger an even more dramatic rally in the US stock market than in 1999. He expects the market to maintain strong momentum in the short term but warns that the market is entering a high-risk stage in the late bull market. From a macro perspective, the resonance of easing policies and fiscal deficits means abundant liquidity, making risk assets once again a safe haven for capital. The valuations of AI and tech stocks continue to climb, driving capital spillover into anti-inflation assets such as bitcoin and gold.

However, the speculative atmosphere similar to 1999 has also brought the market into a stage of "prosperity and anxiety coexisting," with volatility and valuation expansion appearing simultaneously. In the crypto market, BTC liquidation prices are mainly concentrated in the $107k–$108k and $121k ranges, with the current price near $124k. Short-term support is seen at $112,000, with secondary support around $100,000; the upper liquidation hotspot and resistance zone are around $126,000. If retail FOMO sentiment intensifies, BTC may quickly test the upper resistance area, but the risk of a liquidation wave will also increase accordingly, and short-term volatility is expected to rise significantly.

Bitunix analyst's view: The core logic of this bull market has shifted from "fundamental-driven" to "liquidity and sentiment-driven," with market faith in AI and easing policies pushing prices to overshoot. The key question investors need to consider is not "whether to participate," but "when risk begins to outweigh reward." The climax of this speculative feast is often the prelude to a structural market turning point. BTC should focus on the $126,000 liquidation pressure and the $100,000 support level, while also managing risk appropriately.