Bitcoin is currently oscillating within a strong support zone. Combining with past Bitcoin long-term bull and bear cycle transitions, this bull market has clearly extended. A significant reason is institutional entry, with large capital inflows overall. Additionally, the Federal Reserve's rate cuts have not ended, so a bear market is not imminent. It can only be said that the overall market fluctuations will become smaller and the scale will become larger. This is an inevitable and necessary path for Bitcoin.

This period has been quite painful for traders. Either they make small profits and lose big, or they keep getting caught in a cycle without a solid strategy for profit. The reason is simple: the price fluctuations are not large, coupled with ruleless shakeout-style oscillations. The more frequently you trade, the worse your losses!

From an investment perspective, in the long term, Bitcoin below 90,000 is very cost-effective. In the long run, it will definitely be on-chain gold, with its scale only increasing, meaning the price will go higher and higher!