#数字资产市场动态 Institutional Bottom Signal Arrives: Sweeping 220,000 ETH in a Week, Traditional Finance Collective Bets When the market is in panic, the real big players have already started to act. Over the past 7 days, institutions have continuously bought up 220,000 ETH, investing a total of $660 million in real money. This is not small-scale trading—this is large capital speaking with money. Bitmine's operations are the most aggressive. In one week, they increased their holdings by 98,900 ETH, going from zero to 4.066 million ETH in just over five months, already locking in 3.37% of Ethereum's total supply. Based on an average cost basis of $2,991, this $12.2 billion position is obvious in what the institutions are betting on. The movements of traditional finance give the best answer. JPMorgan just launched a tokenized money market fund on Ethereum, investing $100 million as seed capital; their JPM Coin has also moved onto the Ethereum chain. From Wall Street to the blockchain, this is not an experiment—it's a major migration. Ethereum's fundamentals are also upgrading. The Fusaka upgrade brings 8x scalability, and Layer 2 transaction fees are cut in half. Plus, with $28.6 billion in ETF funds backing it, Ethereum has become a settlement hub for the AI economy. Market analysts predict it could reach $7,000 by the end of January and possibly surge to $20,000 by the end of the year—institutions like Bitmine voting with real money show they believe in these numbers. Retail investors see volatility and panic, but institutions see accumulation and opportunity. This current turbulence might be the preparatory phase before the next rally. What do you think about this cycle? $BTC $ETH

#数字资产市场动态 $SOL has surged to a four-hour high again in recent days, now repeatedly testing around the moving averages. Both bulls and bears are exerting effort, making this market quite interesting. From the candlestick chart, SOL continues the previous suppressed pattern—volume was decent when it just broke through, but once it moved higher, it started to lose momentum, with trading volume clearly shrinking. The MACD fast and slow lines are still oscillating below the zero line, showing signs of turning upward, but the resistance at the 125 level must be taken seriously. Whether it can break above this level effectively will be crucial for the subsequent trend. The hourly chart also reveals some clues—after the Bollinger Bands widened, they quickly contracted again, which essentially indicates that trading volume is not keeping pace. This rapid rise followed by slowdown is most likely to create technical divergence, so paying close attention to whether volume can support the move is key; this is the decisive factor. Simple trading strategy: 125-128 is a short-term resistance zone. If broken, look toward 130. If it pulls back, maintain support at 118-115. But don’t just focus on $SOL; $BTC and $ETH should be monitored simultaneously, as Bitcoin remains the engine of the market, and the direction of major coins is often determined by BTC. When volume and price move in harmony, the market has more credibility.

#美国宏观经济指标链上化 280 Billion USD Options Single-Day Settlement Comes to an End, The True Story Behind Is Just Beginning to Surface Just experienced a rare-scale options settlement—$280 billion in positions settled within a single day. This is not just a numerical event; it’s a thorough clearing of both bullish and bearish sides in the market. The outcome of the settlement is quite interesting. BTC’s maximum pain point is set at $95,000, and ETH at $3,100. But now? Both prices have been broken through. A large number of call options have become worthless, and the short-term selling pressure has been completely released. It appears to be a victory for the bears. But if you only look at the surface, you’ll miss the real signal. What happened after the settlement? Big funds started quietly adjusting their positions—large positions shifted towards quarterly options for March next year, and the vast majority of these are out-of-the-money call options. To put it plainly: these institutions are betting with real money that there will be a significant rally in Q1 next year. They are already laying out plans for the next stage of the story. A few truths for retail investors: Don’t be fooled by the current bearish sentiment. The weak market in Q4 is no secret, but it also indicates that the negative factors have been fully priced in. Institutional money has already started moving; why are you still anxious? Options are really not suitable for ordinary people’s hands. They are tools used by institutions for hedging. But understanding the logic behind them is most important—smart money is preparing for a mid-term rebound. On the operational level, spot positions can start being accumulated gradually, especially when prices hit key support levels. A bull market is like this: sharp declines are just interludes in the journey, and the story always blooms in despair. Remember this logic: settlement data speaks, and changes in institutional positions also speak. Learning to read these signals is more valuable than chasing market hype.