Did you see it too? Bitcoin shows signs of ice formation in the short term, but the long-term story remains quite interesting.

The CIO of Sygnum has a very interesting take on this. Yes, there are moments when liquidity shortages can push Bitcoin further down—that's just market dynamics. The ice formations we're seeing now could very well continue for a while.

But, and this is the interesting part: when you look at the long-term trend, the bullish case for Bitcoin is still intact. The fundamental reasons why people believe in Bitcoin haven't disappeared. It's just the short-term fluctuations causing the ice formations.

What I understand from this: the market is going through normal corrections. Liquidity pulls back, prices come under pressure. But those who are positioned for the long term don't need to worry too much. These are the moments when you can really see who truly believes in the story.

The ice formations are therefore more a short-term warning than a fundamental break. An interesting moment to carefully observe what happens in the market.