$BTC Retail investors are panicking, institutions are buying the dip. Whoever reacts first in this situation will be able to scoop up bloodied chips.

1. Bitcoin falls below 60,000, seemingly terrifying, but Coinbase's strategy chief openly stated: family offices, sovereign funds, and governments are all borrowing the dip to accumulate, it's not "fearless," they are buying with real money.
2. On-chain data is more direct——over the past 60 days, large wallets holding 1,000 to 10,000 BTC have increased their holdings by over 50,000 BTC, the small amount of retail investors' cut losses has been completely swallowed by them.

The true bottom has never been analyzed; it is created by institutions stacking money. During this range, place multiple long orders, and wait for the wind to come.