Looking at the recent trend of Bitcoin, it is still oscillating within a clearly defined strong support zone. Interestingly, this support level has been tested three times, each time showing very obvious buying strength. In this situation, buying the dips within this range to go long is actually a quite prudent strategy.

Why has this situation occurred? Looking back at the historical cycles of Bitcoin's bull and bear markets, this bull cycle has been noticeably extended. The main drivers are none other than a few factors: first, a large influx of institutional funds continuously entering the ecosystem, resulting in ample overall liquidity; second, the Federal Reserve's rate cuts have not yet fully concluded, and expectations still support this trend. Therefore, in the short term, there's no need to be overly pessimistic about a bear market; instead, one should adapt to a new rhythm — as the scale grows larger, the magnitude of price swings will gradually narrow, which is an inevitable evolution for large assets.

Currently, for many traders, the days are somewhat tough. Either they make some small profits only to see a correction wipe out most of their gains, or they get caught in oscillations, unable to find a stable profit rhythm. The root cause is straightforward: the price movements are not large, and combined with irregular shakeouts and oscillations, frequent traders tend to lose even faster.

From a long-term investment perspective, Bitcoin below 90,000 still offers solid value. Looking at the entire asset class, there’s really nothing with greater potential for preservation and appreciation than Bitcoin. The problem with gold is its physical cost and liquidity constraints, whereas Bitcoin’s long-term positioning is as digital gold. Its size will only expand in a progressive manner, meaning the price space will open up. So, if you have spare funds, rather than allocating to other financial products, dollar-cost averaging into Bitcoin for the long term is more cost-effective.

On the technical side, BTC is still fluctuating within a range with no clear pattern, with a short-term bullish bias. For traders who lack the energy to monitor the market long-term, grid trading is a good option. Empirical results show that a conservative approach can achieve a monthly return of over 10%. More aggressive strategies can yield higher returns but require continuous risk monitoring. Mainstream coins like ETH, SOL, and others follow similar ideas.