Since the beginning of this year, the cryptocurrency market has been weak, with major assets like Bitcoin falling more than 20%, essentially erasing the gains from the US election. Analysts, including Matt Hougan from Bitwise, believe that this sharp decline is due to a typical boom-bust cycle in the industry rather than a single cause. Despite the downturn, Bitcoin's strong brand influence and first-mover advantage still make it a potential long-term recovery investment target, attracting institutional investors seeking a "digital gold" store of value amid economic uncertainty.