Bitcoin is entering a strong long-term opportunity period despite short-term pressures, according to Ki Young Ju, founder of CryptoQuant. Following a recent sell-off that saw Bitcoin's price drop to around $80,600, Ju highlighted that the on-chain cycle peaked earlier this year at approximately $100,000. He suggests that a full retracement to $56,000 is unlikely due to significant Bitcoin holdings by institutional investors like MicroStrategy. Ju advises against shorting or panic selling, noting that the worst of the decline may be over. He anticipates any further price drops will be less severe than the recent 32% decrease from October's high of over $126,000.