Recently, watching market data, Nasdaq futures fell by 0.63%, and S&P 500 futures also declined by 0.4%. The volatility in traditional finance indeed impacts the crypto space, and many are beginning to worry about a chain reaction. However, based on on-chain data, the story might not be as bleak as it seems.

An interesting phenomenon observed over the past few days: large addresses holding over 1000 Bitcoin are quietly increasing their holdings, and on-chain transaction volume has not shrunk; instead, it shows a steady upward trend. Such signals often appear just before a bottom rebound. From historical experience, after the decline in March last year, the market rebounded by over 30%, and similar signals were also released in on-chain data at that time.

Short-term slight declines in futures often become opportunities for a pullback. While volatility in traditional markets can trigger panic selling, if on-chain fundamentals remain solid, such anxiety is excessive. The key is to watch what smart money is doing — continuous accumulation by big players is itself a strong indicator.

The current advice is straightforward: hold your spot assets well and don’t be swayed by short-term emotions. Market fluctuations are normal, but data can tell the story. A rebound should be just around the corner.