Every time the market experiences volatility, participants tend to panic easily. Bitcoin breaking below the golden ratio orange line may look alarming, but it is actually a routine market operation.

Looking back at the previous two bull cycles, such scenarios have occurred multiple times. The key pattern is very clear: after the price breaks support, it often tests that line again, and once support is confirmed, it continues to rise. This is not a coincidence but a reflection of market structure.

Currently, the orange line is fluctuating around 102k. Although it will gradually move downward over time, from a trading perspective, this is an attractive rebound zone. The operational logic of institutions and major players is usually like this—creating panic and then pushing the price up again.

Many retail investors get caught in these repeated cycles, not because their directional judgment is wrong, but because their psychological defenses are too fragile, causing them to cut losses before the rebound. The cost of giving up chips is often watching the market climb back from under their feet.

Understanding the rhythm of the market and the repetitiveness of history may help you make fewer losing decisions. ETH and SOL are also worth observing in this cycle; the story of the entire ecosystem is far from over.