I quite agree with you, tho bitcoin has already lives for a decade now but if the SEC win you are gonna see price bleeding for maybe like a couple of weeks because US investor cant do what they want to do, at least they do legally.
I may agree with you, This can create uncertainty and worry among investors, which can trigger asset selling and depress prices in the short term. But my view is that the long-term impact of any SEC ruling, however, depends on how regulation proceeds and how the market and the crypto community respond to it. There may be efforts to find solutions and partnerships that benefit both parties.