Considering the current price and volatility rate of the mother coin
the volatility is nothing honestly, current volatility is rather tame if we compare it to few months ago when bitcoin still sub $50k, price literally swinging around 30% price deviation within just short amount of time.
if you've been holding from sub $40k price as your entry, they you'd know very well that currently bitcoin is just consolidating, might be readying itself for another leg up.
for people who are worried with current volatility of bitcoin, they should study more about bitcoin past price action. volatility is here to sideline weak and paper hand.
From your analysis and how you strongly believe in the points you've made so far, I think your knowledge and experience about the Bitcoin network as well as the market is advanced.
"volatility is here to sideline weak and paper hand..." this statement of yours strongly suggests that though volatility is a beneficial tool to experienced Bitcoin investors who had studied and mastered the market movement, it is also a tool used to scare away weak(inexperienced) investors. Instead of allowing volatility to sideline inexperienced(new) investors from investing in Bitcoin and making profit from it, you also advised that they should go study the market critically. This submission of yours I think will be of great help to newbies and ambitious(intending) investors.