# Is there any panic during this BTC pullback?

As soon as the economic data from the US, Japan, and Europe comes out, Bitcoin will experience a big fluctuation. When it surged to $120,000, it was indeed impressive, but to say that BTC has failed because of this? I think not.

In the context of human history, this scale is no longer considered a trivial matter. Theoretically, values of 270,000, 369,000, or even higher exist, but it's still too early to shout about 1 million dollars; there's no need to draw such distant expectations.

**Three Pullbacks of Mysterious Funds**

This year's three major directional shifts have a rather complex underlying logic. From 120,000 to now, the price has dropped by almost a third, which makes everyone a bit anxious. But to be honest, this kind of anxiety isn't as deep-rooted as the fear during the 3,100 dollar mark—those prolonged declines and waterfalls in 2015 and 2017 were truly nerve-wracking.

Think about it:
- 95000→92000→89000→82000→74000→68000→65000→54000, and even drop to 46000 USD, cutting off 2/3 of the price.
- BTC will not crash, it's just that institutions are cleaning up leverage, and the risks are being cleared.
- The signs of an upward trend are beginning to sprout again, and a new round of climbing could start at any time, but the path will be more winding.

**What should you do in 24-25 years?**

Whether you have a small accumulation now or are just entering the market, remember a few principles to truly change your wealth level:
- Maintain the overall position, don't go all in.
- Focus on spot trading and gradually increase positions.
- On-chain opportunities and contracts can be participated in, but the ratio must be controlled.

Big opportunities are always reserved for those who are prepared, but the prerequisite is that you must first protect your principal. Once the principal is gone, no matter how many opportunities there are, they will have nothing to do with you.

The market is still here, and volatility is the norm.