Analysts: The impact of the BTC supply shock is now negligible, and its future trend will follow the global macro market.

Analyst Willy Woo stated that the so-called "supercycle" (SUPERCYCLE) essentially refers to BTC breaking away from its four-year cycle pattern and instead tracking the performance of global macro markets. Willy Woo noted that historically, no asset other than BTC has followed programmed time cycles. At present, BTC's supply shock is negligible and can no longer exert a decisive influence on the market; therefore, moving forward, BTC's price action will be primarily dictated by the global macroeconomic environment.