The author maintains a cautious but potentially bullish outlook on BTC, noting that institutional skepticism and low retail confidence are currently stalling "onchain" assets. If BTC and other majors establish price stability and higher lows, the author anticipates an aggressive and explosive catch-up trade for smaller onchain coins. The analysis suggests these assets typically experience long periods of stagnation followed by rapid, "explosive" price movements that can recover months of weakness in a single day.