FreedmanCrypto[互关版]

Last night before going to bed, I checked the market, BTC was still above $80,600, thinking it could hold steady today. But when I woke up this morning, $BTC had directly dropped below $80,000. As soon as the CPI data came out, the market crashed. Stocks fell, government bond yields soared, and the crypto market was bleeding. But what really scared me wasn’t the price itself— It was a piece of news: **The silent whale from 2013 moved last night.** 500 BTC, lying dormant for a full 12 years, worth nearly $40 million, was quietly transferred these past two days. CoinDesk, Bitcoin News, MSN all reported it. Not small media rumors, but mainstream media collectively pushing it. Think about it— When this person bought BTC back then, the price was probably just a few tens of dollars. Through 12 years of bear and bull markets, so many people got liquidated, so many projects went to zero, so many KOLs rose and fell. This person just stayed completely still, probably even forgot the account password. And now suddenly woke up, transferring coins in the early morning. **Is it a coincidence?** When the market falls, the old whales suddenly wake up. My first reaction was: it’s over, the big players are running. But thinking carefully, it doesn’t add up— If they really wanted to run, why transfer to a new wallet? Wouldn’t it be faster to just place sell orders on exchanges to dump? And a $4 billion position would reasonably be sold off in parts; this is only 500 BTC. **So there are two possibilities:** Either it’s a cold wallet migration, the big player changing addresses. Or—taking advantage of market panic, buying back at a low price. Honestly, I lean towards the latter. True old players never rush in during bull market FOMO. They act at the coldest, most desperate times. Just like now— CPI exploded, Iran situation tense, Bitcoin dropped below $80K, retail investors asking in groups whether to cut losses. And the 12-year-old whale woke up. What do you think he’s going to do? I don’t dare say it will definitely rise, but this kind of signal is worth thinking about. Do you think this wave of BTC can hold $80,000? Or is this just the beginning?

Last night before going to bed, I checked the market; BTC was still hovering above $81K, thinking I'd wait for a pullback to get in. But when I woke up, BTC had dropped below $80K, while $DOGE quietly surged 8%. I stared at my account in a daze—missing out on BTC's bottom, and even missing out on $DOGE, this so-called "political coin." The Senate crypto bill vote is tomorrow, and with the market sentiment so chaotic lately, who knows if $DOGE can keep gaining. But one thing is certain: missing out feels worse than being stuck in a loss. Have you ever had this experience? Not buying but feeling worse than losing money?

Last night before going to bed, I checked the market, and BTC was still hovering around $80,500. I casually browsed Twitter and saw Michael Terpin saying he’s shorting BTC. To be honest, my first reaction was: Is this guy crazy? The crypto godfather, victim rights lawyer, and someone who has confronted countless project teams, now stepping out to say he’s shorting BTC? On second thought, Terpin’s logic isn’t entirely without reason—he currently holds a large BTC position obtained through lawsuits, so he might have his own reasons for saying this. But the problem is, he’s one of the loudest voices in the industry shouting “institutional bull market.” Now he’s turning around to short, what does that do to industry confidence? What confuses me even more is that many retail investors are following his logic and starting to doubt whether they’re really at the peak of the bull market. In the comments, some say “When Terpin shorts, BTC goes up,” others say “Institutions have all fled,” and some even dug up screenshots of his old posts saying “Bitcoin at $100,000 is not a dream.” Honestly, I don’t get it. At the $80,500 level, no one can say for sure if it will go up or down. Instead of guessing the top, it’s better to look at your own position—if you’re still holding, do you truly believe in this market, or are you just gambling out of stubbornness? Have you ever traded against a KOL’s position? Share your experience in the comments? 😄

Last night before going to bed, I checked my account, BTC was still struggling around $80,000. This morning when I opened my eyes—it was $82,000. It’s not that the market rose on its own; the moment the CLARITY Act passed in the Senate, the market ignited immediately. People in the circle have been waiting too long for this bill from proposal to advancement. Last night’s news landed: the Senate committee voted it through, BTC/ETH/XRP/DOGE all surged, and Coinbase’s stock price followed suit. Behind the rise of mainstream coins under FX is the long-suppressed bullish sentiment finally finding an outlet. But at the same time, CryptoQuant poured cold water—the demand for US spot ETFs cooled down, with $635 million flowing out last night, and big players took the opportunity to exit. Not all funds believe it can keep rising in one go this time. Tonight there’s still the key resistance at $80,800 to hold. If it holds steady, $86,000 is the next target; if it doesn’t, a pullback to $78,000 is also possible. Do you think BTC can reach $100,000 after the CLARITY Act is finally implemented? #CLARITY法案：委员会15:9表决通过 #超级事件周

Last night before going to bed, I checked my account and saw BTC still fluctuating around $80,519. In the middle of the night, the Bank of Japan quietly dumped 6.35 million BTC worth of ETF holdings — one of the largest single-day institutional sell-offs ever. Then I woke up this morning and looked at the market, and BTC surprisingly didn’t drop; it was still hovering around $80K. The Japanese are selling, so who’s buying? The answer surprised me — American institutions. Jane Street’s holdings data released yesterday showed they reduced their BTC by 71%, while quietly building an $8.2 million ETH position. Another Wall Street firm just filed with the SEC to launch an ETF tracking ETH spot. Japanese pension funds are offloading, while U.S. market makers are bottom-fishing. These two groups represent completely different logics: one embodies Asia’s two decades of bear market memory, the other Wall Street’s anticipation of crypto assets becoming legitimate allocation assets. At $80K, Bitcoin looks like a tug-of-war on the surface, but in reality, it’s two completely different capital flows passing each other — one side is unlocking profits, the other is building positions. The Bank of Japan’s $6.35 million sell-off sounds scary, but from another perspective: an address holding BTC for twenty years only reduced its position for the first time today, which itself is a recognition of BTC’s long-term value. Which side do you trust more? The Japanese taking profits, or Wall Street bottom-fishing?

BTC is now $80,790, but the BTC on one exchange is already "dead". Last night before going to bed, I checked the market, BTC was still surging to $80,790, and I felt pretty good about it. But when I woke up this morning and checked the news, I saw the latest developments from Poland's largest exchange, Zondacrypto, and it left me speechless—— This exchange lost 99.7% of users' BTC, the CEO has fled to Israel, and a $97M fraud investigation is ongoing. Simply put: the exchange's BTC reserves were not stolen by hackers, but vanished into thin air. What does "not your private keys, not your coins" mean? This is the harsh reality. Users' BTC still shows on their accounts, the numbers haven't changed, but they can't withdraw it. The on-chain records are crystal clear—your coins are indeed at that address, but that address is no longer yours. Even more ironically, at the same time BTC is pushing toward $82,000, the CLARITY Act is about to pass, and institutional funds are lining up to enter. Meanwhile, tens of thousands of Zondacrypto users can only watch the unchanged number on their screens slowly become a psychological comfort. It was revealed that the CEO knew about the reserve issues long ago, yet told users "stable, safe, and secure" while arranging his escape. Israel, Dubai—no one knows where he is now. Sometimes I think, for these users, BTC rising to $100,000 is even more painful—because that money no longer belongs to them. Tell me, do you keep coins on exchanges for convenience or just luck? Have you ever thought that coins on an exchange and coins in your own wallet are fundamentally different things?

Last night before going to bed, I checked my account and was wondering if I'd ever see $79,500 again. But when I woke up, BTC was already at $81,132. The CLARITY Act just passed the Senate committee, and JPMorgan suddenly turned bullish, saying cryptocurrencies are the "clear winners right now"—this bank was bearish at the start of the year, and now they’ve changed their tune. My first reaction is that we're about to get rekt again. I've held ETH for three months and lost nearly 18%. Watching BTC surge towards $82K while ETH is stuck around $2,270 makes me anxious. The big players in the other group went all in early and post profit screenshots every day; I just pretend not to care. $82K is right in front of us, and JPMorgan says we could see $150K. Do you believe it? I really want to, but I’m afraid of getting trapped if I jump in now. What do you think? Is this rally just institutions pumping to dump, or is the Alt season really coming? As someone currently out of the market, should I jump in? $BTC $ETH

Last night before going to bed, I checked my account and thankfully my $BTC hadn't moved. This morning when I woke up, everyone in my friend circle and groups was talking about BTC dropping below $80K. Some were cutting losses, some were buying the dip, and there was panic everywhere. Then I saw a piece of data: Jane Street cut its BTC holdings by 71% in Q1, while simultaneously building an $82M ETH position. What does this mean? My first reaction was: institutions are exiting. But then I thought carefully, who is Jane Street? A top-tier market maker. Their information level is on a completely different scale from retail investors. They might be reducing BTC holdings because they found better opportunities or are hedging risks. But here’s the problem—retail investors see "institutions cut holdings by 71%" and their first reaction is "It's over, institutions are bearish." Then they follow by selling. Meanwhile, Jane Street is buying ETH, but retail investors are selling. I have a friend who just sold ETH a couple of days ago, saying "If institutions don’t want it, why should I hold?" Today, ETH’s price is $2,264. CryptoQuant’s BTC bull-bear indicator turned green today—for the first time since March 2023. Institutions are buying ETH, retail investors are cutting losses. Going against the big money sounds simple, but when you actually reach that point, very few can hold on. A few days ago when $80K was broken, I asked around in the group and at least 5 people said "Let’s get out and see." But today BTC is back at $80,895. I don’t know if Jane Street is right this time. But one thing I’m sure of—they really have way more information than retail investors. Have you noticed that every time the group is most panicked, it might actually be when institutions are bottom-fishing? Or is this time really different? $BTC $ETH

Last night before going to bed, I checked my account; BTC was still hovering around $80,988, and ETH was treading water. But this morning—CryptoQuant's BTC bull-bear cycle indicator turned green for the first time in three years. The last time this signal appeared was in March 2023, and everyone knows what happened afterward. $BTC dominance also climbed back above 58%, and JPMorgan just released a report saying ETH and other altcoins are still falling rather than rising, with big money clearly concentrating on BTC. As for me? I only realized after the indicator turned green. It feels like—getting the exam answers and realizing you studied correctly but changed your answers before submitting. Now BTC is holding steady above $80K, with $82K as short-term resistance and support roughly in the $79,500-$80K range. If you’re also waiting for the signal confirmation before entering, how do you feel now? Or have you already positioned yourself, just waiting for this moment? $BTC $ETH #CLARITY法案：委员会15:9表决通过 #超级事件周

Checked my account before bed last night, and I felt awful. $BTC is hovering around $81,000, and $ETH is still stuck at $2,295 — honestly, this kind of market is the most frustrating. It’s not a crash that makes you give up, but the sideways movement that gives you no direction. Today, the CLARITY Act officially passed the committee and is headed for a full Senate vote. As soon as the news broke, $BTC instantly bounced up from below $80K, even approaching $82K at one point. Institutional funds are starting to move—not fleeing, but tentatively building positions. Scaramucci said something interesting: BTC will follow an S-curve, like Amazon and Microsoft did back in the day. "Cannot be devalued" — hearing this from someone who was once heavily criticized on Capitol Hill carries a different weight. My own feeling is that the $80K level is becoming increasingly solid support. Both the news and technicals are pointing in the same direction, a rare resonance. But the question is: enter now or wait for a pullback? $79,500 is strong support, $82K is short-term resistance. If the CLARITY Act really passes within the year, $100K might not be a dream. If it fails, $75K is also possible. What do you think now? Waiting for a lower entry or already on board? $BTC $ETH #CLARITY法案：委员会15:9表决通过

Checked my account before bed last night, and it really shook me up. $BTC is hovering around $81,000, and $ETH is still moving sideways at $2,295 — honestly, this kind of market is the most frustrating. It’s not a crash that makes you lose hope, but the sideways movement that gives you no direction. Today, the CLARITY Act officially passed the committee stage and was sent to the full Senate vote. As soon as the news broke, $BTC instantly bounced up from below $80K, even approaching $82K at one point. Institutional funds are starting to move—not fleeing, but cautiously building positions. Scaramucci said something interesting: BTC will follow an S-curve, like Amazon and Microsoft did back in the day. "cannot be devalued" — hearing this from someone who was once harshly criticized on Capitol Hill carries a different weight. My own feeling is that the $80K level is becoming an increasingly solid support. Both the news and technical aspects are pointing in the same direction, and this kind of resonance is rare. But the question is: enter now or wait for a pullback? $79,500 is strong support, $82K is short-term resistance. If the CLARITY Act really passes within the year, $100K might not be a dream. If it fails, $75K is also possible. What do you all think now? Still waiting for a lower entry, or already on board? $BTC $ETH #超级事件周 #CLARITY法案今日委员会投票