The underlying logic behind BTC's recent trend is actually quite clear — just in the 84,000 to 85,000 USD range, there are accumulated buy orders for 940,000 Bitcoins. So every time it drops near 85,000, it encounters strong support, and rebounds become a routine operation. The establishment of this bottom support indicates that institutions and large investors have a very consistent view of this price level. Looking further into the long-term, 2026 will become a key milestone — whether it will break the existing 4-year bull-bear cycle pattern or continue to follow the historical script? Market participants' expectations and guesses are equally heated. The answer to this question may only gradually be revealed next year.