#比特币市场结构变化 The recent changes in the Bitcoin market are truly thought-provoking. While the price has retreated 36% from its all-time high, volatility has been surprisingly moderate. This seems to indicate that the market structure is quietly changing. The entry of large institutions is reshaping Bitcoin's risk profile, gradually moving it away from its earlier purely speculative-driven attributes.

This is actually good news for long-term investors like us. It means that Bitcoin is maturing and becoming more stable and reliable. But we still need to be cautious and manage our positions reasonably. After all, even if volatility decreases, a 36% pullback is still not small.

I recommend that you pay attention to this trend but do not easily change the established investment strategy. Maintain a long-term perspective and wait patiently for further developments in the market. Remember, true wealth accumulation often takes time to accumulate. Let us continue to move forward steadily and protect the safety of our assets with rationality and patience.