At the start of the war, Bitcoin remained largely stable, as did most altcoins. This suggests that the market has largely absorbed the negative news, and its impact on price movements has become limited.

In my opinion, the market as a whole may be nearing its bottom or have already reached it. If there had been genuine selling pressure from market makers or institutions, we would have seen strong red candles and successive crashes.

What we are currently seeing is relative stability and fluctuation within defined ranges, which is likely an accumulation phase rather than a distribution phase. Typically, during such periods, small investors exit due to fear, while investment funds buy in.

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