Those who bought at today's high may not be unfortunate victims, but rather pioneers of a new cycle.
The four-year Bitcoin halving cycle has been broken, and traditional bull-bear market logic no longer applies. The current correction is more like a structural shift from early speculators to institutional investors.
ETFs, corporate reserves, and national strategic reserves are reshaping Bitcoin's holding structure. Retail FOMO is waning, but the infrastructure is continuously improving.
This is not a price war, but the beginning of a practical revolution.
