Actually, the price trend of bitcoin:native does not make me feel too uncomfortable.

CN
Phyrex
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1 day ago

In fact, the price trend of bitcoin:native does not make me too uncomfortable. I have always been a steadfast holder of Bitcoin. The current decline is more about some investors venting their dissatisfaction with MSTR, but for me, this is a good thing. Instead of calculating whether MSTR will sell BTC every day, it’s better to let that calculation be shattered; Michael could sell at any time, and perhaps next quarter he might sell even more BTC.

This drop driven entirely by emotions, in my opinion, the market will gradually repair. Although this is BTC's "independent market," it is not due to fundamental issues with BTC nor because BTC's liquidity is in question. A $60,000 BTC and an $80,000 BTC are essentially no different. Let’s give investors more time to ponder.

The United States and Iran are still quarrelsome bedfellows. I don't even know what to say anymore. Trump today again denied reports that communication between the U.S. and Iran has ceased, calling it fake news. He stated that negotiations continue every day, including in recent days. He also reiterated that Iran must reach an agreement, and Iran itself has expressed readiness to reopen the Strait of Hormuz.

I saw that while the price of WTI rose, Brent's increase was not significant. Now the price difference between WTI and Brent is just over $2, which should be due to increased pressure from the U.S. However, globally, it does not seem that there will be significant issues between the U.S. and Iran that would prevent peace from being maintained.

Returning to Bitcoin's data, it is indeed true that the recent two days have seen investors’ emotions tense due to MSTR selling bitcoin:native, but this type of investor is mainly short-term, while long-term investors will not bet Bitcoin's future on a single commercial company. I believe that this completely emotional panic selling will be self-correcting in the market.

However, it is indeed true that today I witnessed the highest single-day turnover recently; this turnover number indicates that many short-term investors have started to panic.

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