MSTR's inclusion in MSCI index announcement met with muted $BTC reaction—but this could be a major market mistake.

Here's the key point: bearish expectations have already been priced in. The market has already reflected the worst-case scenarios. It's the positive factors that are gaining almost no attention.

This is why it looks like "big news with no movement"—but the movement will come, the market just hasn't reacted yet. This type of price lag typically triggers a subsequent rally catch-up.

As one of the largest listed companies with the biggest direct Bitcoin spot exposure, MSTR's inclusion in MSCI effectively expands accessibility for institutional investors. The long-term benefits to the BTC ecosystem are obvious. The issue isn't the decision itself, but the mismatch in market pricing—bearish expectations have been exhausted, bullish expectations haven't kicked in yet.

This type of asymmetric market psychology often becomes the source of short-term volatility. What traders should focus on now is: when will this expectations gap be filled. Typically, institutional policy tailwinds like this have a lagged reaction cycle.