Don't wait for a waterfall; there won't be a big waterfall.
In this market, one cannot simply rely on historical patterns but should conduct specific analyses based on the current situation.
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 believe that we are at the top of the bull market right now. So, it's simple: if BTC experiences a correction, this idle capital will enter the market.
Given this, the probability of a significant adjustment is relatively low. For the past 70,000 to 100,000 days, many funds have been waiting for a pullback to enter, but what they got was a relentless rise, which affects their decision-making. When BTC has a small pullback, some funds start to buy in early.
Of course, BTC will definitely have small pullbacks, mainly at important key positions, where short-term profit-taking occurs.
However, at the beginning of a bull market, don't keep waiting for a large adjustment to enter the market.
When will a big adjustment come? It will arrive just when those who have been waiting for it can no longer resist entering the market.