After Bitcoin (#Strategy增持比特币 ) surged to a high of $100,000, it has entered a correction mode, leaving many investors confused and conflicted, speculating whether this is just a brief pause in a bull market or if the rally has reached its end.

First, let's analyze the key factor of Bitcoin's halving mechanism. As is well known, Bitcoin's production is halved every four years. From historical data, after previous halvings, the market typically sees a significant price peak about 1 to 1.5 years later. Based on this timeline, the end of 2025 to the beginning of 2026 is more likely to be the peak moment for the market, while the current correction feels more like a halftime break. Furthermore, comparing the extent of the correction, this time it has only decreased by 30%, whereas looking back at 2017 and 2021, Bitcoin experienced significant corrections of 45% and 53%, respectively. In contrast, the current correction margin...