BiyaPay Analyst: Buying Power Weakens, Bitcoin Enters a Prolonged Bear Market Cycle

BlockBeats News, on December 23, "Bitcoin whale" Strategy (MSTR) suspended its bitcoin accumulation last week and increased its cash reserves to approximately $2.2 billion to cope with potential long-term market downturn risks. Affected by bitcoin's pullback and expectations of index exclusion, MSTR's stock price has significantly retreated from its highs, with a 43% drop from its 2025 peak, and market sentiment has clearly turned defensive.

BiyaPay analysts believe that institutions choosing to "hoard cash and reduce risk" reflects that the current crypto market has entered a stage of deleveraging and patient competition. In the short term, bitcoin may continue to fluctuate within a high-volatility range, with liquidity and the impact of derivatives expirations remaining key factors. For ordinary users, it is more suitable to control position sizes and operate in batches. In volatile market conditions, BiyaPay supports the use of USDT for flexible allocation of digital assets and US and Hong Kong stock futures, among other diversified assets, helping users maintain capital mobility and risk diversification capabilities during uncertain cycles.