Asia Morning Post: Saylor quietly 'changes tactics', predicting the market still bets on his massive purchases! CryptoQuant's latest report counters: MicroStrategy is shifting from 'frenzied accumulation' to 'defensive mode': has built a $1.44 billion cash pool + low-interest long-term debt, completely defensifying its balance sheet; average monthly purchases plummeted by 90% from 15,000 BTC in 2024 to 5,330; under pressure, it could hedge or even sell. But the prediction market remains skeptical: still betting on 'small routine purchases' with a probability of over 90%; large purchases (1,000+ BTC) have a probability of only 40%-45%. Conclusion: The supply side will be completely different in 2026, the old script of relying on a single institution to 'suck supply' and drive prices up is basically over. For BTC to regain its rising momentum, it must wait for new demand to step in. Market Overview: BTC dropped to 91.8K in the morning before rebounding to 93K, with the 93.4K yearly resistance still unbroken; Ethereum returned to $3,100, with an intraday high of $3,200, up 3.5%; gold slightly adjusted to defend $4,200, awaiting U.S. inflation data; Nikkei 225 rose 1.3%, with rate cut expectations heating up again. Saylor has begun to hold back, can the bulls still dare to go all in?