Bitcoin's current trend is quite different from before. The most intuitive feeling is — less volatile, but more regular.

The logic behind this is actually very clear: the main players in the market have changed. Since the US SEC approved the spot Bitcoin ETF at the beginning of 2024, money from Wall Street has been pouring in like opening the floodgates. It feels similar to Apple stock, where institutions can directly allocate. This is not a minor event; it’s a fundamental shift in market structure.

Previously, Bitcoin's price movements were driven by miner sell-offs and retail traders chasing gains and panic selling. Now? It’s more about ETF capital flows, changes in central bank balance sheets, and institutional quarterly allocations. These are completely different playstyles. Because of this, we haven't seen the crazy parabolic rise typical of overbought signals — but this time, institutions will balance early.

Data also shows this. By 2025, Bitcoin will be oscillating repeatedly between $75,000 and $80,000, with volatility significantly suppressed. This is no coincidence. Institutional investors focus on long-term allocation, not short-term speculation. They hold steadily, and this behavior itself acts as a "stabilizer" for prices.

As more traditional large institutions include Bitcoin as a core asset, this trend will only strengthen. Overall market stability increases, and price discovery becomes more efficient — which is actually good for the entire ecosystem. Although short-term macro shocks may still have some impact, the overall direction is towards a more mature and rational market.