#CryptoMarketMoves 📉 Market Fear and a “Weaker Bear Case”: Crypto Market Review
Despite the Fear and Greed Index falling to 6 (extreme fear), big players continue to bend their line. Here are the highlights from today’s edition of The Daily:
💎 Bernstein: $150,000 Target Remains in Place
Bernstein analysts are confident that the current decline is a “crisis of confidence,” not a structural breakdown. They call the current bear case the weakest in history because of:
• No systemic crashes: There is no hidden leverage or large bankruptcies.
• Institutional adoption: Spot ETF infrastructure and liquidity are only getting stronger.
• AI-compatible: Blockchains are ideally suited for the AI-agent economy.
📊 Michael Saylor's Strategy: Buy While It's Cheap
The company has purchased another 1,142
$BTC worth $90 million (average price $78,815).
• Total balance: 714,644
$BTC .
• Portfolio status: Currently has an unrealized loss of about $5 billion, but the risks to the balance are considered minimal until the price drops to $8,000 for the long term.
⚡️ Technological breakthroughs and high-profile deals
• MegaETH has entered the mainnet: They promise "real time" - 50,000 TPS and a block every 10 milliseconds.
• AI.com for $70 million: Crypto.com CEO Chris Marszalek bought the legendary domain (payment in crypto!). A platform for personal AI agents will be launched there.
• Tether Expansion: The USDT issuer plans to hire 150 more employees, and the stablecoin's capitalization has already reached $185 billion.
What's next?
Tomorrow we will follow the unlocking of Linea and Aptos tokens, as well as news from the Consensus Hong Kong conference.