BiyaPay Analyst: Buying power weakens, Bitcoin enters a longer winter period.

BlockBeats news, on December 23, “Large Investors in Bitcoin” Strategy (MSTR) paused its Bitcoin accumulation last week, raising its cash reserves to approximately 2.2 billion USD to address potential long-term market downturn risks. Affected by Bitcoin's pullback and expectations of index removals, MSTR's stock price has significantly retreated from its peak, with a decline of 43% from its high in 2025, showing a clear defensive market sentiment. BiyaPay analysts believe that institutions are choosing to “hoard cash and reduce risks,” reflecting that the current crypto market has entered a phase of deleveraging and patient speculation. In the short term, Bitcoin may continue to fluctuate within a high volatility range, with key factors still being liquidity and the impact of derivation expirations. For ordinary users, it is more suitable to control positions and operate in batches. In a volatile market, BiyaPay supports the flexible allocation of digital assets and various assets such as USDT and US stocks futures, helping users maintain capital scheduling and risk diversification capabilities during uncertain periods.