Over the past 24 hours, $BTC +0.90%. This describes a change in the spot quote, not an inflow of funds, and the price increase alone cannot tell us where the buying came from. Rather than rushing to explain the rise, I’d first like to distinguish whether the information at hand is a trader’s view, a company’s holdings, or confirmed new purchases. These types of information do not carry the same evidentiary weight.
According to a report by Jinse Finance on October 25, 2026, trader Killa believes Bitcoin has fallen about 10% from its recent high and that this pullback may be nearing its end. This view is based on his framework for estimating previous retracements; it is not confirmation that the market has bottomed. Historical ranges provide a basis for comparison, but they cannot tell us whether selling pressure is easing now or whether buyers have stepped in.
On the same day, Jinse Finance reported that Strive CEO Matt Cole posted a chart of the company’s Bitcoin holdings, prompting market speculation that he may disclose additional purchases next week. What has happened so far is the posting of the holdings chart; the disclosure of additional purchases next week is still market speculation, not a published purchase amount. Even if Strive’s additional purchases are confirmed later, that would only reflect one company’s allocation decisions. It would not mean the entire market is buying, nor would it explain this price rise.
I’ll track the pullback outlook and the company’s holdings separately: on one hand, I’ll look for subsequent evidence of changes in price and selling pressure; on the other, I’ll wait for Strive’s official disclosure and verify the timing and amount of any purchases. Before an announcement, “may have added to its holdings” remains an expectation. Distinguishing opinions, existing holdings, and actual new purchases is far more reliable than rushing to declare that the bottom is in.
According to a report by Jinse Finance on October 25, 2026, trader Killa believes Bitcoin has fallen about 10% from its recent high and that this pullback may be nearing its end. This view is based on his framework for estimating previous retracements; it is not confirmation that the market has bottomed. Historical ranges provide a basis for comparison, but they cannot tell us whether selling pressure is easing now or whether buyers have stepped in.
On the same day, Jinse Finance reported that Strive CEO Matt Cole posted a chart of the company’s Bitcoin holdings, prompting market speculation that he may disclose additional purchases next week. What has happened so far is the posting of the holdings chart; the disclosure of additional purchases next week is still market speculation, not a published purchase amount. Even if Strive’s additional purchases are confirmed later, that would only reflect one company’s allocation decisions. It would not mean the entire market is buying, nor would it explain this price rise.
I’ll track the pullback outlook and the company’s holdings separately: on one hand, I’ll look for subsequent evidence of changes in price and selling pressure; on the other, I’ll wait for Strive’s official disclosure and verify the timing and amount of any purchases. Before an announcement, “may have added to its holdings” remains an expectation. Distinguishing opinions, existing holdings, and actual new purchases is far more reliable than rushing to declare that the bottom is in.
