Bitwise Chief Investment Officer Matt Hougan posted on the X platform, saying that Bitcoin has now gained "value" buyers. One of the reasons why Bitcoin's past corrections were so severe is that every time BTC started to correct, people would start worrying about it going to zero.
Now this worry no longer exists, and more and more investors are looking for entry points. Of course, the market has not eliminated volatility, but it does believe that the severity of corrections has been reduced at present.