$BTC Greeks.live Macro researcher Adam pointed out that market sentiment is leaning towards a cautious bearish outlook, with short-term volatility in Bitcoin increasing. Investors are paying attention to the weakening ETH/BTC ratio and the pressure at the $100,000 mark. Most traders believe that Ethereum is performing poorly, but there is a disagreement on whether it is suitable for bottom fishing. The public conflict between Musk and Trump is seen as a short-term black swan event, with Tesla's stock price once dropping over 20%, causing market fluctuations. Ethereum holdings have reached a record high but the price remains weak, suggesting attention to the $1,500 support level.