Recently, the crypto world has been in an uproar: the Bhutanese government announced that it would allocate 10,000 BTC to build the "Mindfulness City" project in the south. As soon as this number came out, the market panicked directly—it's important to note that Bhutan currently holds only 11,286 BTC in total, and this would involve using nearly 90% of their reserves. No wonder the community is filled with voices of "national-level dumping," and BTC has also experienced a pullback.

But let's not be in a hurry to sell. The real situation is far from that simple.

First, let's clarify the logic behind Bhutan's recent actions. They are not launching the "Mindful City" project to engage in dumping for quick profits; rather, they aim to use crypto assets to develop the local economy. This project is set to start in 2024 and is positioned as a special economic zone, focusing on financial, tourism, and green energy industries to attract foreign investment and retain young people. Bhutan's BTC primarily comes from mining revenue, and now they are likely using it as startup capital for the project, to invest in infrastructure and attract businesses, rather than directly engaging in dumping.

Even if they really want to sell, they won't dump everything into the secondary market all at once. The normal approach is to conduct over-the-counter transactions and sell in installments, which can both raise funds and prevent the BTC price from crashing (after all, a shrink in assets is not beneficial for anyone).

Having discussed the background, let's talk about the risk points and opportunities.

**There are two pitfalls to avoid.**

The first pitfall: Don't be scared into losing your mind by the term "national-level dumping" and follow the crowd to sell off. The market is already easily influenced by emotions, and rumors spread at a frightening speed. But if you think about it carefully, a truly large-scale dumping is definitely not Bhutan's intention. They are smart people who know that the more BTC they dump, the worse it is for their own assets.

The second pitfall: Don't overestimate the influence of this negative news. The total market value of global crypto assets is in the trillions of dollars. Although 10,000 BTC from Bhutan sounds like a lot, its influence is actually limited within the entire market. The real price trend is still determined by the overall expectations of large institutions and large funds.

**Where is the opportunity?**

If the market continues to decline due to this news, it may actually be an entry point for long-term investors. Bhutan's actions reflect a trend: the recognition of crypto assets by global governments and institutional players is increasing, moving beyond mere holding to genuinely driving the development of the real economy. From this perspective, the long-term value logic of mainstream assets like BTC and Ethereum has not been destroyed. Rather, those operations driven by emotions, chasing highs and selling lows, will ultimately suffer losses.

So, stay calm and don't be scared by short-term fluctuations. Just treat this as a test of market sentiment.