Silver hits a new all-time high, and the entire market is watching its performance. The crypto market has temporarily stabilized, but altcoins are clearly struggling to recover. After experiencing a liquidation shock of 800 million and consecutive plunges earlier, retail investors' sentiment has basically collapsed. Maybe this is really the bottom.

From the exchange outflow data, both the 7-day and 30-day net outflows of Bitcoin are ongoing, indicating that on-chain whales are still quite eager to accumulate. Notably, those large holders with over 1,000 BTC have recently投入了近30亿美元进行扫货。

Ethereum's retracement has been significant, but it has already entered the oversold zone. Moreover, institutions like BitMine continue to buy persistently, as if their funds are endless. Recently, they staked several billion dollars. With such actions, how low can Ethereum go?

BNB has been relatively resilient, while SOL hasn't performed well recently.

Looking at on-chain institutional movements, BitMine has staked another 86,848 ETH, worth $279.4 million. This is just one operation; their total staked Ethereum has reached 1,771,936 ETH, valued at $5.65 billion. Such scale indicates that leading institutions still have confidence in the market's future.

Coupled with the last week's inflow of $2.17 billion into digital asset investment products and the rapid growth of CEX contract trading in 2025, signals of a market bottom are accumulating.