The market is cooling down, and the Fear & Greed Index is pulling back. What’s the take from smart money/institutions on the outlook? Here’s a quick roundup ‍♀️ Yi Lihua from Trend Research @Jackyi_ld believes we’re still in a bull market trend, but the short-term correction is far from over. He leans toward this wave dropping below 79k but sticks to the principle of 'bull market corrections are for buying, not shorting,' waiting for a good spot to buy the dip. Big Goals First @Jason60704294 also thinks we’re in a bull market trend but doesn’t believe it’ll drop directly to 78k, let alone 74k. He points out that BTC’s muted reaction to macro bearish news is a key signal. However, if it breaks below 79k, he’ll start reducing positions, and if the daily close falls below 78k, he’ll exit all remaining longs. If it doesn’t break, he’ll continue holding. Wintermute @wintermute_t reports that the global digital asset bull market is still in its early stages. Whether Bitcoin can strengthen further will likely depend more on traditional financial markets than internal crypto narratives. The U.S. midterm elections on November 3rd will be a key variable. Additionally, they note that the momentum for low-quality altcoins’ rallies is nearing its end, so caution is advised. Overall, there’s consensus on the bull market trend, but opinions on the short-term market vary. Especially funny how Boss Yi and Big Goals Bro are basically trading against each other, haha!