Looking at Bitcoin's recent trend, many people are starting to say "the market is cooling off." But from a different perspective, this wave of correction might actually mark the beginning of the industry transitioning from hype to genuine maturity.

According to the latest market report analysis from Cantor Fitzgerald, the crypto market is indeed in a cyclical adjustment phase. In the short term, Bitcoin's price is under pressure and may continue to test lower levels in the coming months, possibly even testing the key support line at $75,000 (which is the average holding cost of a major institution). Does that sound a bit pessimistic?

But the key difference lies here—the logic behind this decline is completely different. When a bear market used to arrive, retail investors would flock to exit, causing a stampede-like drop. Now? Institutional investors are gradually accumulating, and market pricing power is quietly shifting. While prices are subdued, the industry’s fundamentals are being solidified behind the scenes.

Look at these data points to understand better:

**The explosion of RWA (Real World Assets)** has more than doubled this year, reaching $18.5 billion. Analysts generally predict it will surpass $50 billion by 2026. Bringing traditional assets like real estate, bonds, and art onto the blockchain isn’t virtual hype; it’s a real transfer of value.

**On-chain prediction market activity** for applications like sports betting and political forecasts has surged to around $5.9 billion in trading volume. Major exchanges and compliant platforms are entering the space one after another, indicating this track is moving from the fringe to the mainstream.

**Decentralized exchanges (DEXs) quietly eating into centralized exchange market share**—this might be the most interesting part. While overall market trading volume is declining, decentralized perpetual contracts, lending, and other services are growing against the trend. Users are voting with their feet, reflecting a demand for self-managed assets and transparency.

Additionally, policy developments like the US CLARITY Act indicate that regulatory frameworks are gradually improving. These are not bubbles that appeared overnight but are the result of the ecosystem’s real-world application.

So the question now isn’t whether Bitcoin will continue to fall, but what you choose to do at this turning point. Will you hold and wait for a rebound, or proactively position yourself in these quietly emerging new tracks? Both paths have their logic; it all depends on your judgment.