Looking back at more than a decade of Bitcoin’s history, this latest market fluctuation still stirs deep emotions. Recently, I saw CoinKarma’s analysis, pointing out that Bitcoin has shown a “large amount of turnover and increased volume holding the price from falling,” which is indeed a classic short-term bottom signal. This reminds me of the bottoming periods in 2015 and late 2018, when similar market characteristics appeared.

However, today’s market environment is very different from the past. From Academy Securities’ report, it’s clear that there is now a close connection between Bitcoin, artificial intelligence, and the US stock market. This deep linkage means that Bitcoin’s movements no longer affect just the crypto market but could also impact the entire macroeconomy.

Looking back, every major Bitcoin decline has been accompanied by panic and doubt in the market. Yet each time, it has been able to gather strength at the bottom and eventually reach new highs. The current market situation may be another important turning point. If Bitcoin can stabilize and rebound, it could not only trigger a year-end rally but also inject new confidence into the entire market.

At this critical moment, it’s essential to remain calm and rational. Past experience tells us that hope often takes root during times of deep pessimism, while risk is sown during periods of excessive optimism. For those who have been through multiple cycles, such scenarios are nothing new. The key is to draw wisdom from history and view current market fluctuations with a long-term perspective.