The current situation is that there is a strong consensus expectation for a bull market, and there is a lot of money on the sidelines. Most people do not agree that we are at the top of the bull market. So it's simple: if BTC experiences a correction, this sidelined money will enter the market.
Given this, the probability of a large correction is relatively low. Over the past 70,000 to 100,000 days, a lot of capital has been waiting for a pullback to enter, but what they have experienced is a continuous rise, which affects this decision-making. When BTC has a small pullback, funds start to rush in to buy.
Of course, BTC will definitely have small pullbacks, primarily at important key positions, where short-term profit-takers will take profits.
However, in the early stages of a bull market, do not keep waiting for a large correction to enter.
When will a large correction come? It will come when those who have been waiting for it can no longer resist entering the market.
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