I just noticed that Bitcoin is experiencing quite heavy pressure from liquidity. Many say the price could drop even further before bouncing, and honestly that makes sense if we look at the current flow.

But what's interesting is that, despite the short-term outlook being somewhat bearish, some analysts from major institutions remain optimistic about the long-term prospects. They say the fundamentals are still solid, and this is just a normal pullback in the bull market cycle.

If we use custom indicators for analysis, it does appear oversold on several timeframes. But what’s more important is understanding flow and on-chain activity, not just relying solely on technical indicators.

So the conclusion: there might be more pain in the short-term, but if you hold a long-term perspective, the bullish momentum is still intact. The key now is patience and good risk management.