Today's panic index is 59, and the market has shifted to a neutral state.
MicroStrategy is indeed wealthy and has purchased nearly 200 million worth of Bitcoin, currently gaining 14.1 billion from Bitcoin purchases. Additionally, if other companies follow suit, it will bring continuous buying pressure and strategic reserves for Bitcoin, both of which are potential positives.
Returning to the market, Bitcoin is at 94,244, and Ethereum is at 1,800. As the interest rate meeting approaches, the market is on the sidelines; currently, cash flow mainly comes from large financial institutions, and retail investors are relatively absent, so the market has not yet experienced FOMO. In the short term, Bitcoin support is at 93,000, Ethereum at 1,700. Trends generally take some time to form, so if there is a pullback that does not break below this level, it can be considered as a short-term entry point.