The recent drop in Bitcoin is not complicated; it is mainly a normal correction, and the reasons are as follows:
1. The Federal Reserve does not have the authority to purchase Bitcoin; it is merely a monetary management institution, and the law does not support it buying Bitcoin, which is not a legal tender.
2. The recognition of Bitcoin is not high enough; just like gold, which has had people not buying it for many years, Bitcoin has not reached the point where everyone is participating.
3. Expectations for interest rate cuts have been adjusted; it was originally expected to cut rates 4 times, but now it has been reduced to 2 times. The overall market had risen too much before, so a correction is natural.
I believe the bull market will not end so quickly. Look at the Trump family, which is heavily invested in Ethereum and dares to buy more during a big drop; there is no need to panic. This is a moment experienced with the most powerful people in the world; stay steady, and we can win.
Spot users need not worry; after a month of adjustment, Bitcoin will still rise in the long term, and the outlook for next year's market is very optimistic.