#美联储回购协议计划 $BTC Still testing repeatedly recently, is it a continued decline or a chance for a rebound? Let's take a look at the current market situation.

Inflationary pressures have recently eased, but Bitcoin has been declining sideways these past two days—indicating that market anxiety is not about prices but about deeper issues. The US economy appears relatively stable on the surface, but the Federal Reserve's core task remains to control inflation. The problem is that once the economy weakens, their only move is to loosen monetary policy to stimulate, and recession itself is both a trigger for easing and a source of market panic.

The logic is quite straightforward: Recession arrives → Market crashes first → Central banks initiate rescue measures → Market rebounds. A cyclical script.

What’s interesting now are the on-chain movements. Large holders and institutions have been continuously increasing their Bitcoin holdings recently. Meanwhile, Ethereum reserves on exchanges have hit a historic low—what does this mean? A large amount of ETH has been withdrawn, either moved into wallets for self-custody or staked on-chain for yields. In short, it’s locked up, and no one wants to sell.

My judgment is that we are currently at a critical point. After the Christmas holiday, market sentiment could undergo a major shift. Right now is a good opportunity for stealth accumulation. If you have ideas or want to discuss these, feel free to connect.