Entering 2026, many investors are struggling with one question: how should we respond to this current wave of volatility? Bottom out or exit? Behind this question lies a deeper market reality.

From a technical perspective, the key support level of $87,000 is not absolutely safe. Looking further down, the $70,000 range is the real "abyss." But why is that? The answer lies in the recent price formation logic. Since the confirmation of policies related to Trump, Bitcoin experienced a rapid surge, with multiple probes into the $70,000+ range that quickly rebounded, leaving no time for dense trading to form at these levels. This is the so-called chip hollowing—lack of effective support in the middle.

Imagine this scenario: if international economic data suddenly shifts, or if a macro policy unexpectedly changes, once the $87,000 line is broken, the price could accelerate downward. Without intermediate support from chips, it’s like a building losing several floors—falling speeds can be frighteningly fast.

However, everything has its other side. It is precisely this chip hollow that also plants the seeds of opportunity for subsequent market movements. Once the price truly drops into the $70,000 to $80,000 range, historical experience tells us that this position is quite cheap. Many institutional investors and seasoned players are watching closely, waiting for such a low-entry opportunity. When bottom-fishing demand activates, new dense trading zones will form, filling the original hollow, and the price might even start to rebound from here.

For retail investors, the most prudent strategy at this stage is not blind bottom-fishing nor panicked selling. Instead, maintain observation, precisely control the pace of each transaction. Make small, incremental positions, set stop-losses, and wait for the market to give clearer signals. The market will never have only one direction; the key is to find your own rhythm.