Currently, expectations for a bull market are highly consistent, and the amount of sidelined capital is quite considerable. Most people do not feel that we are at the peak of the bull market right now. In this case, the logic is very clear: if Bitcoin undergoes a correction, sidelined capital will rush in.
Given this, the possibility of a significant adjustment is relatively low. During the rise of Bitcoin from 70,000 to 100,000, a large amount of capital was waiting for a pullback to enter the market; however, what they got instead was a continuous price increase, which inevitably interfered with their decision-making, causing funds to rush in as soon as Bitcoin made a slight pullback.
Bitcoin will certainly experience slight pullbacks, mainly at important key levels, where short-term profit-takers will realize their gains.
However, in the early stages of a bull market, don’t always expect a significant adjustment before entering the market. When will a major adjustment arrive? When those who have been waiting for a major correction can no longer hold back and enter the market, the major adjustment will not be far away.
