Bitcoin stabilizes after 29% correction: Precise timing is less effective than a prudent strategy

【Crypto World】Bitcoin has pulled back from its early-year high of $126,000 to around $89,900, a decline of nearly 29%. This correction is actually similar to the retracements seen in mid-cycle bull markets, nothing particularly surprising.

The current market sentiment is quite interesting — there’s no frenzy of hype, but also no signs of a structural collapse. In the long term, the current valuation levels are actually still below the extreme highs of previous cycles. Market sentiment indicators also reflect a cautious attitude, with everyone holding back.

The biggest mistake at this point is trying to precisely time the bottom and enter the market at the lowest point. History shows that this approach often results in losses. During periods of repeated market fluctuations, instead of trying to perfectly time the market, it’s better to stick to a disciplined investment strategy — maintaining steady positions and regular allocations can help avoid emotional traps.