【If BTC falls to $73,000, will you panic first—or think about who’s stepping in to buy?】
BTC is currently around $75,800. The Fear and Greed Index is just 25, it’s down 2.1% over the past seven days, and trading volume is low. At levels like this, it’s easy to mistake “cheap” for “about to rebound.” From my experience watching the market, the worse sentiment gets, the more important it is to ask: Who would buy at this price, and why?
Bitcoin ETFs recently saw $430 million in single-day outflows, suggesting that Wall Street is also reducing risk as tech stocks pull back. But Strive still bought 15,124 BTC, bringing its holdings to 43,124 BTC. Institutions aren’t all moving in lockstep—which shows this isn’t just a story people are telling; different balance sheets are making different choices. Key support is around $73,422. If BTC falls to that level, what gets tested isn’t the slogans, but cash, liabilities, and lockup periods.
Turning to China’s economy and the A-shares market, the policy priorities remain stabilizing growth, advancing industrial upgrading, and improving the capital market environment. The opportunities most likely to emerge are in AI applications, industrial digitization, advanced manufacturing, and RWA projects that connect assets and services to real-world transaction scenarios—not projects that rely on concepts alone to raise funds. If the economy recovers, risk appetite in the A-shares market and interest in Web3 are likely to improve together. If the recovery is slow, crypto will also feel the pressure from global liquidity and sentiment first.
Russia has put its rules into effect, allowing BTC, ETH, and UST to be traded through compliant channels, and plans to expand trading operations. This shows that clear regulation is what makes a business model viable. Who will be affected? Exchanges, market makers, compliant payment providers, and real-world asset service providers will benefit first. Teams relying on gray-market channels, pure traffic, and exploiting sentiment will find it increasingly difficult.
Are you bullish on the A-shares industry themes driven by a recovery in China’s economy, or do you think this round of Web3 opportunities still depends on liquidity actually turning around?
BTC is currently around $75,800. The Fear and Greed Index is just 25, it’s down 2.1% over the past seven days, and trading volume is low. At levels like this, it’s easy to mistake “cheap” for “about to rebound.” From my experience watching the market, the worse sentiment gets, the more important it is to ask: Who would buy at this price, and why?
Bitcoin ETFs recently saw $430 million in single-day outflows, suggesting that Wall Street is also reducing risk as tech stocks pull back. But Strive still bought 15,124 BTC, bringing its holdings to 43,124 BTC. Institutions aren’t all moving in lockstep—which shows this isn’t just a story people are telling; different balance sheets are making different choices. Key support is around $73,422. If BTC falls to that level, what gets tested isn’t the slogans, but cash, liabilities, and lockup periods.
Turning to China’s economy and the A-shares market, the policy priorities remain stabilizing growth, advancing industrial upgrading, and improving the capital market environment. The opportunities most likely to emerge are in AI applications, industrial digitization, advanced manufacturing, and RWA projects that connect assets and services to real-world transaction scenarios—not projects that rely on concepts alone to raise funds. If the economy recovers, risk appetite in the A-shares market and interest in Web3 are likely to improve together. If the recovery is slow, crypto will also feel the pressure from global liquidity and sentiment first.
Russia has put its rules into effect, allowing BTC, ETH, and UST to be traded through compliant channels, and plans to expand trading operations. This shows that clear regulation is what makes a business model viable. Who will be affected? Exchanges, market makers, compliant payment providers, and real-world asset service providers will benefit first. Teams relying on gray-market channels, pure traffic, and exploiting sentiment will find it increasingly difficult.
Are you bullish on the A-shares industry themes driven by a recovery in China’s economy, or do you think this round of Web3 opportunities still depends on liquidity actually turning around?