For the problems of institutional investors, I think they will definitely come back, maybe even they are slowly coming back. Many large companies today have approached crypto. Even with blackrock's current approach proposing a spot Bitcoin ETF is a sign that big things are coming.
There are more organisations that will become investors and many institutional investors are waiting for the right time to invest more. But we should not only consider institutional investors because there are retail investors too that their investment can increase bitcoin price.
Of course everything has to be considered. Both small investors and large investors all have their respective important roles in the rate of movement in bitcoin. Perhaps the movements of large investors do have a very large effect on market sentiment. But one thing for sure is that small investors tend to prefer to follow every movement of big investors. But if we are small investors, it would be better if we know how to move before the big investors move. because waiting for big investors to move first makes the risk bigger for those of us who enter late. But I am personally optimistic that bitcoin awareness has become the majority in all countries. So the current market cap can still be said to be small.