The current situation is that the consensus expectation of a bull market is very strong, and there is a lot of idle capital. Most people do not agree that we are at the top of the bull market now. So it's simple, if BTC experiences a correction, this idle capital will enter the market.

Given this, the probability of a major adjustment is relatively low. For the past 70,000 to 100,000 days, a lot of capital has been waiting for a pullback to enter, but what they got was increasingly higher prices, which affects such decisions. When BTC has a small pullback, some capital starts to rush in to buy.

Of course, BTC will definitely have small pullbacks, mainly at important key positions, with short-term profit-taking actions occurring.

However, in the early stages of a bull market, don't keep waiting for a major adjustment to enter the market.

When a major adjustment comes, those who have been waiting for it will find it hard to resist entering, and then the major adjustment will happen.