The fear index rising from 20 to 23 isn’t called stabilizing, it’s called struggling. • MARA scooped up 1,000 BTC from FalconX, worth $66.7M • SPCX broke $210, whale 0x3E7’s long position has unrealized gains of over $2.1M • RLUSD quarterly transfers hit $18.4B, Ethereum took 53% Sentiment bottoms don’t equal price bottoms—position management always comes before directional judgment.