Of course, the current market is sluggish, with Bitcoin experiencing oscillations and declines. One of the main reasons is that institutions and large holders are still accumulating coins. It is said that they need to accumulate 5 million Bitcoins, and so far, only over 1 million have been accumulated. Meanwhile, the exchange wallet balances are continuously decreasing, currently only 2.45 million.

In this situation, institutions will not make large-scale purchases. They will buy gradually, like iceberg orders. Under these circumstances, the market will continue to fluctuate, and they will find ways to make retail investors unbearable, forcing them to surrender their holdings until they reach the target of 5 million coins or the desired quantity.

Institutions and large holders will definitely achieve their goals. As retail investors, the only thing we can do is outlast the institutions and big players, be patient, wait, work hard, and take good care of our health.