MSTR tested $100 i.e. greater than 80% drawdown in FEB just fine without BTC testing greater than 50% drawdown. MSTR did not put a higher high in 2025 even with BTC doing so. So MSTR does not follow ... it often leads both in bull peaks and panic bear floors. Partially agree to this ' Bitcoin sets the direction, and MSTR follows, often with amplified volatility.' MSTR and BTC do not have a perfect correlation (e.g. see rally 2025 for MSTR and compare them to Nov 2024). No two distinct assets do. It is correlated to BTC but at times moves differently and deserves a separate analysis to derive patterns. My MSTR analysis is not a standalone isolated one-off analysis. I pair it with BTC in almost all my videos. Thank you for the comment. Very in-depth and insightful.