According to a short cinematic video titled “Don’t Feed The [Bitcoin] Bears,” Saylor used a playful metaphor — “Ursus Bitcoinius, the Bitcoin Bear” — to urge holders not to reward bearish chatter.
The broader crypto market cap held near $3.8 trillion. Ether traded past the $4,100, BNB at $1,180 and Solana above $190. Dogecoin outpaced many majors with a 5% gain on the day and a 20% rise for the week.
On-chain analysts said the pullback looked orderly. Based on reports from CryptoQuant, the sell-off was a controlled deleveraging rather than a panic exit.
Sentiment trackers offered mixed signals; the Fear & Greed index sat near 37, while some risk measures showed readings closer to 34.
“The bears seem to have had their fill,” FxPro’s Alex Kuptsikevich said. That comment reflected a view that downside pressure may be easing, but it did not mean risk had vanished.
The combined message — public morale boost plus a buy — is designed to shore up confidence. Strategy’s purchases act as both an investment and a message to shareholders, who watch company holdings closely.
Reports show many traders now defend the $109,000–$110,000 range as a makeshift base that formed back in August.
Traders and analysts are watching headlines tied to geopolitical tensions and any fresh liquidation data. If risk aversion grows again, prices could test lower ranges.
Conversely, steady buying and calmer macro news could support continued gains. Liquidity in futures markets and the pace of new inflows will be key variables.
Saylor’s video won attention. So did the 220 BTC purchase. Both were public signals aimed at pushing sentiment away from fear.
The episode looked like a response to short-term turbulence rather than a definitive end to broader risks.
Investors will likely treat the actions as one piece of information among many as they decide whether to add or wait.
Featured image from Unsplash, chart from TradingView
