Do not wait for a waterfall; there won't be a big waterfall.
In this market, one cannot simply rely on historical trends but must conduct specific analysis based on current conditions.
The current situation is that the consensus expectation of a bull market is very strong, and there is a lot of sidelined capital. Most people do not agree that we are at the top of the bull market now. So it's simple: if BTC adjusts, this sidelined capital will enter the market.
If that's the case, then the probability of a big adjustment 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 got was a continuously rising market, which affects this decision-making. When there is a slight pullback in BTC, some capital starts to buy in ahead of time.
Of course, BTC will definitely have slight pullbacks, mainly at important key positions where short-term profit-taking occurs.
However, in the early stages of a bull market, do not keep waiting for a big adjustment before entering the market.
When will a big adjustment come? It will arrive just as those who have been waiting for it can no longer resist entering the market.
