The biggest problem with $BTC right now isn’t that it’s dropping, but that it can’t go up. No Fed money printing, no new funds entering the market, just existing capital cutting each other down. Strategy used to be the anchor of faith, but now its role is slowly shifting—it’s becoming an anchor of pressure instead. What’s truly scary isn’t a massive crash, but years of sideways movement, slowly grinding away everyone’s patience. I don’t even know why I’ve become so pessimistic at this stage. The $BTC in my portfolio is still lying there—tasteless to hold, but too painful to let go. This might just be the truest feeling of a bear market. It doesn’t kill you in one blow, but makes you doubt yourself every single day.