There are always two voices clashing in the market. On one side are the bearish warnings, and on the other are the real actions shown by on-chain data—institutions and whales are still accumulating. Which do you believe?

Some signals just can't be hidden. The valve of global liquidity is about to loosen, and that's not speculation—it's on the central banks' schedules worldwide. MicroStrategy founder Michael Saylor recently spoke out again, bluntly saying Bitcoin at $80,000 is a "severely undervalued" asset. More importantly, if tensions between major countries ease even a little, risk assets could take off immediately.

But a bull market is never a free lunch. The big players want you hesitating during slow declines and panic selling during volatility. Looking back at every cycle, it's always the minority who end up making money—most people either don't dare to enter or can't hold onto their positions.

To be realistic: even if liquidity easing is inevitable, it still takes time for funds to flow from traditional markets into crypto, so there may still be a one or two month "window period." It's not surprising if the market continues to grind sideways or even drops in the short term. But from another perspective, when no one wants to catch the falling knife, that's often the best time to build positions. By the time everyone is shouting "the bull market is here," you may have already missed the juiciest part.

Is $220,000 the end? It might just be a stop along the way. This train is already on the tracks—will you keep watching from the sidelines, or secure your spot in advance?