Since the ETF was approved, it feels like the sharp declines are not as obvious as before, probably because there are a lot of institutions providing support.

$BTC If BTC falls below $90,000 in the next few days, it will definitely attract a batch of new funds to come in and buy the dip. While Bitcoin drops significantly, altcoins will also be violently washed out, and at that time, it will be clear who is swimming in swimsuits and who is swimming naked. Personally, I really hope the market experiences a thorough cleansing during the Christmas period. After the cleansing, the cryptocurrency market can be healthier and more prosperous in 2025.
However, that said, the probability of BTC falling below $90,000 in the next few days is low. Because many whales, institutions, and even some national teams are accumulating assets on dips.
Of course, no one can predict the market, and the market will always open its arms to welcome us. $BTC