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Jinse Finance reported that Bitwise CEO Hunter Horsley stated, "Gold requires a large number of new buyers to maintain price stability or drive prices higher. In 2024, the global gold mining output is about 3,660 tons, with recycled gold amounting to approximately 1,370 tons. At current prices, this means that around $68 billion worth of new gold needs to be purchased (to balance supply and demand). In comparison, bitcoin currently has an annual new issuance of about 164,000 coins, which at current prices means only about $2.4 billion in new supply needs to be absorbed by the market. Therefore, I believe bitcoin will become a superior store of value."

Jinse Finance reported that Matrixport released its daily chart analysis, stating, "Our real-time Bitcoin Greed and Fear Index (currently reading at 9%) has once again dropped below 10% (the index ranges from 0% to 100%)—historically, this level marks the market entering an 'extreme fear' state. From a strategic perspective, after such readings appear, the market often experiences a short-term rebound, so this could also serve as a contrarian bullish signal. However, we would prefer to see the 21-day moving average of this index also bottom out and rebound, which has not yet occurred. Coupled with last week's $1.2 billions outflow from Bitcoin exchange-traded funds (BTC ETF), ongoing market uncertainty, and Bitcoin's price remaining below the 21-day moving average, current market sentiment remains fragile. Until a clear macroeconomic or policy catalyst emerges to change the market narrative, maintaining a cautious stance remains the prudent approach."