Analyzing the recent Bitcoin price movement, I noticed several key signals:

First, the correlation between Bitcoin and gold exceeds 0.85, showing a high synchronization of capital flow between the two. This reflects that the market is shifting from being interest rate sensitive to being liquidity driven, which is worth noting.

Secondly, institutions continue to increase their holdings and there is strong capital inflow into ETFs. The inflow into the BTC ETF was $102.7 million in a single day, while the ETH ETF saw an inflow of $236.2 million, laying the foundation for a new round of rebound.

Moreover, the expectation of the Federal Reserve's interest rate cuts has risen, with swap contracts predicting a cumulative cut of about 125 basis points by the end of 2026, which may provide support for risk assets.

In summary, although the market fluctuated dramatically over the weekend, Bitcoin is only about 10% away from its peak, which is relatively small compared to the 1.5% pullback in stocks. I believe that Bitcoin is expected to stabilize and continue to rise in the short term. It is advisable to closely monitor institutional fund movements and changes in liquidity to seize potential opportunities.