Everyone, do you understand this market today? 🤔

Bitcoin (BTC) is still wavering around the $90,000 mark. Many people feel the market is dull. But if you look closely, there are actually some interesting details hidden inside.

**The current market situation isn't that pessimistic**

Although BTC’s market cap share has slightly declined, SOL remains stable at around $138, indicating that on-chain funds are still active. Even more surprising, LUNA recently rebounded by over 40% (I'm not saying it's a good investment), but this kind of reaction itself shows that speculative enthusiasm is back. A true bear market wouldn't look like this.

**Where is the money really flowing?**

The Fed's rate cut expectations have already taken hold in the market, and gold is rising along with it. But have you noticed the RWA (Real World Assets on-chain) sector? Recently, there’s been a clear accumulation of funds. Instead of constantly chasing after Meme coins and shitcoins, it might be better to turn your attention to genuine leaders like ONDO that are related to RWA—you might find something different.

**And there's a bigger script**

The current trend looks very much like the calm before the storm. The longer the whales shake out the $90k level, the more aggressive the subsequent move could be. My simple advice: hold your spot positions patiently, don't open large leverage on contracts, especially Ethereum longs—better to hold off for now. ⚡

Do you think BTC will break $100k by the end of the year, or will it first dip back to $80k to catch another wave?