Key event timeline: MicroStrategy $MSTR will be included in the MSCI index, announced on 2024.5.14 and effective by the end of May. During this period, including shortly before the announcement and shortly after it takes effect, Bitcoin overall shows an upward trend. On 2026.1.15, there might be a decision on whether to remove it. Removal would be bad news and will definitely trigger selling pressure. It's expected that there will be sell-offs for risk avoidance before 1.15. If it’s not removed, there are two scenarios: 1. If it drops significantly before 1.15, not being removed could lead to emotional recovery. 2. If it drops less before 1.15, not being removed would be neutral news.