The most dangerous thing now is not the decline, but making you feel 'everything is still uncertain.' While you are waiting for lower prices, confirmation of breakthroughs, and clarity on macro conditions, the truly wealthy have already started buying.
BTC pulled back from the 80s to 92,500, not based on emotions or calls, but because long-term holders continued to add positions when liquidity was tight, with large funds directly absorbing selling pressure in the 89k-92k range.
The reason the price doesn't skyrocket is simple: they don't want you to understand.
What's even scarier is that almost no one is seriously looking at what's happening—
1. The U.S. Congress has named the SEC, demanding updates to rules allowing BTC to enter 401(k) retirement plans; this is not speculative money, but retirement money;
2. International charitable organizations have begun using BTC for funds and settlements.
This is not good news, but an upgrade of asset identity. When an asset is allowed to enter pensions, institutional books, and cross-border settlements, you are still entangled in 'is it too high.' So why not directly aim for 100,000? Because the market is making the last step: grinding away all the hesitant people.
From 126,000 a 25% pullback, it's not to get you to catch the bottom, but to make you sell around 90,000 and chase above 100,000.
This is the most classic and also the most cruel part of a bull market.
The only two things you really need to know are:
1. Only when it drops below 89k is the structure considered broken; if it stabilizes above 96k-98k, the market will suddenly become unyielding.
2. This period of volatility is not for you to think about, but for you to reposition yourself.
In all major historical market movements, retail investors' selling positions are almost always accompanied by the feeling of 'still uncertain,' and when everything is confirmed, the only thing you can say is: at that time, I actually understood, but I didn’t dare.
