Yesterday, the Bitcoin market experienced fluctuations, with $14.5 billion in options expiration triggering a $3,000 swing, causing the price to plummet from $97,500 to $93,500.

Analyst Ali warned that if it falls below $92,730, it would be extremely detrimental, potentially triggering panic selling, causing Bitcoin to return to the $70,000 range.

However, historically, pullbacks during bull market uptrends are considered normal, with the current pullback averaging about 20-32%, relatively mild at 24.4%.

Political turmoil in South Korea and the depreciation of the Korean won have driven up kimchi premiums, leading investors to buy Bitcoin and USDT for value preservation. Musk warned about the U.S. debt crisis and called for Bitcoin to be included in strategic reserves.

Japan is also considering this move but is cautious and will observe U.S. actions. If the U.S. takes the lead, major global economies may follow suit, greatly increasing Bitcoin's influence.

In the short term, Bitcoin may continue to pull back, but this is a healthy adjustment within a bull market and does not affect the long-term upward trend.

If the pullback is completed, it will be an excellent buying opportunity, so do not miss out.