The Bitcoin price of $BTC has indeed started to pull back, currently reported at 106,900, and has not yet found a bottom to stabilize, indicating further decline is needed. It is expected to stabilize around 100,000, and the fluctuations may take a long time, requiring patience. Currently, Ethereum and altcoins may not have dropped as much as Bitcoin; I will confirm this later. As of now, it is still a Bitcoin-dominated phase, and the outlook is bearish!