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"The Last Drop" has been brought up again; will it come true this time?
【Plain Language Guide】This in-depth analysis points out that after Bitcoin's fourth halving in 2026, the market once again triggered panic over the "last drop" following a dip below $77k.
The article compares it to a predicted size: firstly, the historical cycle law suggests a retracement of about 77% (pointing to $30k to $58,000); secondly, this round is supported by a real defensive wall built by miner shutdown prices ($69,000 to $74k), ETF institutional costs ($80k to $83k), and on-chain chips.
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