The recent market has been quite interesting. US stocks and the AI sector are falling together, dragging Bitcoin below 90,000 USD, but it quickly rebounded—honestly, the rebound wasn't very strong.

What's even more interesting is what the whales are doing. Whale #1011 is adding to their position against the trend, holding a long position of 540 million ETH. What are they betting on?

There are indeed many positive signals brewing in the market. The most significant is that DTCC (the custodian managing 100 trillion assets) just received the SEC's green light, which means the door to on-chain US bonds and stocks is truly opening. At the same time, OpenAI released GPT-5.2, elevating the AI and crypto story to a new level. Of course, there are some concerns—ZEROBASE was hacked, so it's advised to check permissions promptly.

From a technical perspective, Bitcoin currently feels somewhat suppressed, moving like a altcoin. Yesterday's sharp dip and rebound lacked strength. If the 4-hour chart can hold above 95,000, there’s a possibility of a strong push toward 100,000 or higher; otherwise, expect continued wide-range volatility. If it effectively breaks below 90,000, a retest of the bottom is likely. I believe the real market opportunity will only become clear after Japan's interest rate hike.

Honestly, funds are being manipulated daily on exchanges and in Alpha, but if you're unsure, it's better to watch more and act less. When the overall market isn't good, any operation tends to result in losses.

Finally, the old saying: digital assets are highly volatile with significant risks. Never go all-in with full leverage, and avoid borrowing or margin trading.