Don't wait for a waterfall; there won't be a big waterfall.

In this market, it cannot be simply based on historical trends, but rather specific analysis 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 will not agree that we are at the top of the bull market now. So it's simple: if BTC adjusts, this idle capital will enter the market.

Given this, 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've encountered is ever-increasing prices, which affects their decision-making. When BTC experiences a small pullback, some funds start to buy in ahead of time.

Of course, BTC will certainly have small pullbacks, especially at important key levels, where short-term profit-taking occurs.

However, in the early stages of a bull market, don't keep waiting for a big adjustment to enter.

When will the big adjustment come? It comes when those who have been waiting for it can no longer resist entering the market, and then the big adjustment happens.