#美联储降息 Another "Black Monday." Bitcoin drops below $86,000, Ethereum loses the $3,000 level. The market is all red, and many people are panicking and cutting losses. But a closer look reveals another scene — real big players are quietly bottom fishing.

Brazilian asset management giant Itaú publicly announces plans to add Bitcoin to its investment portfolio; MicroStrategy is spending big to buy tens of thousands of BTC; MetaMask announces full support for the Bitcoin ecosystem. Meanwhile, JPMorgan issues money market funds on Ethereum, and BlackRock continuously increases holdings through ETFs — these are solid long-term strategies, not short-term speculation.

Why does this "retail panic, institutional joy" double scene happen?

The root lies in macro factors. The Bank of Japan is very likely to raise interest rates this week, with market expectations already reaching 98%. This means the era of "yen arbitrage trading" is coming to an end, large international funds are being forced to withdraw, liquidity is tightening, and risk assets are falling.

$BTC But this does not change the fundamentals. History has always played out like this: in the short term, macro sentiment and liquidity create intense volatility; but savvy funds are precisely catching opportunities amid the fluctuations.

$ETH When things are loudest, the direction is often the clearest. Are you following the panic and cutting losses, or staying calm and thinking about what you should do when others are fearful?