Recent performance of Bitcoin over the past day has left many feeling somewhat disappointed. The price dropped from $90,157.53 to $87,429.97, a decline of 2.9%. This sharp decline has brought a bearish atmosphere to the market.

It seems the pressure is indeed significant. In one week, net inflows into spot ETFs reached $8.257 billion, indicating large capital withdrawals. The performance in the fourth quarter has also been less than ideal, with a quarterly return of only 19.15%, which historically often signals upcoming volatility. From both technical and capital flow signals, downside risks appear to be looming.

But there is another side to the story. Among the top 25 banks in the US, 14 are developing Bitcoin products, a significant number—traditional finance is taking digital assets seriously. MicroStrategy’s actions are particularly noteworthy; they recently purchased another 1,229 BTC, spending about $108.8 million, bringing their total holdings to 672,497 BTC. This continuous institutional-level accumulation reflects a certain confidence in the long-term outlook.

The ecosystem is also building momentum. Projects focused on Bitcoin Layer 2 scaling solutions have raised $29 million during pre-sale stages, demonstrating the strong market demand for Bitcoin scalability. All these efforts are paving the way for Bitcoin’s future.

The current situation is like this—short-term pressure, but long-term signals remain strong. Institutions are quietly positioning, the ecosystem is gradually maturing, and although price volatility is inevitable, the underlying support is accumulating.