The Bitcoin premium on a certain compliant platform has not yet recovered to its former strength. Currently, institutional investors are continuously reducing their holdings of BTC, and market pressure is a fact. However, from a price perspective, Bitcoin is currently finding effective support around 88,000, with no signs of further decline. The key is to wait for the institutional sell-off wave to come to an end. Once this wave of reduction is completed, Bitcoin may experience a quite significant rebound. After all, the current support level is relatively solid, and as long as selling pressure diminishes, buying interest will quickly step in.