Last Monday, Bitcoin stabilized above the $91,000 mark, but institutional funds behaved differently. Investors at BlackRock mainly sold off, while Grayscale had little action. Fidelity's clients, on the other hand, were the most active—buying in directly at four orders of magnitude. This divergence is quite interesting.

In fact, by Tuesday, BTC had already surged to $94,000. Given this momentum, Tuesday's buying activity probably won't be weak either. But to be honest—it's very likely that speculative funds are still the main players on stage. Whether traditional financial institutions are really experiencing FOMO or just following short-term trends remains to be seen. After all, the fundamental aspects of the current cryptocurrency market haven't changed in essence; only the sentiment is fluctuating. This detail is very important.