Saudi Arabia and cautious optimism. After reaching an all-time high of over $111,000, it has slightly decreased to around $108,781. Psychologically, investors are oscillating between the excitement of institutional investments and the concern of potential market corrections. The recent Bitcoin conference in Las Vegas, which featured prominent figures, boosted confidence, although some traders remain cautious due to historical volatility patterns during this period. Overall, market sentiment is characterized by cautious optimism, balancing excitement with a careful assessment of risks.