From a graphical perspective, Bitcoin fell 1% today, finally breaking out of the prolonged uptrend. To some extent, this represents a technical release, being a necessary step in the market's self-correction process. When a market experiences a continuous rise without adjustments, its structure tends to be fragile. A moderate correction, on the other hand, can help clear speculative positions and build energy, creating ideal conditions for the next phase of appreciation.

So, how can we determine if this drop is a healthy correction?

We can analyze the situation from the following points:

🔹 Relationship between volume and price: During this drop, trading volume did not surge to extreme panic levels, but rather showed characteristics of consolidation with reduced volume, indicating that selling pressure is limited and institutional investors have not yet pulled out large amounts of capital.

🔹 Key support was maintained: Currently, Bitcoin is still operating within the structural support range between $111,000 and $115,000. As long as this level is not effectively broken, the trend remains healthy.

🔹 Change in the macroeconomic logic: Institutions like BlackRock continue to increase their positions, ETF flows remain stable, and there are marginal benefits in the political landscape. These main trends have not undergone fundamental changes, suggesting that the drop is more likely to be a temporary correction.