This may be the expectation in the minds of many retail investors.
After all, who doesn’t want to wait for a “golden pit” and buy the bottom for a turnaround?
But the market never readily fulfills the wishes of the majority.
Now, every modest dip in BTC is often accompanied by emotional manipulation. The real big move usually does not follow the script that retail investors expect.
This bull market cycle, by nature, will be different from previous cycles.
In the past, retail investors drove it forward, with volume surges causing sharp blow-off rallies;
Nowadays, the BTC coin supply structure has changed. A large amount of coins is gradually concentrated in the hands of institutions and Wall Street capital. The market is becoming more mature, and it is also increasingly susceptible to the rhythm of capital flows.