The current crypto scene is like a grand feast—Bitcoin soaring all the way, retail investors rushing in, and the entire market brimming with a profit-taking atmosphere. But a close look at recent market movements reveals some unusual signals flashing. The actions of two heavyweight players yesterday are worth every investor's careful consideration.

Let's look at the first signal. Tesla suddenly executed a $3 billion large-scale cash-out. This company’s connection to the crypto world is well known, and every move by its founder can shake market sentiment. The decision to significantly reduce holdings now has an obvious logic—doubting the current market outlook and starting to exit early. In plain terms, the party host is already packing up, while people on the dance floor are still dancing wildly.

The second signal is more direct. The world’s largest asset management firm has paused the subscription window for Bitcoin spot-related products. This institution was once a flag-bearer of "regulation" in the crypto market, and every move it makes is seen as a market indicator. When it launched related products before, many retail investors cheered, thinking that with big funds backing, everything would be fine. Now suddenly hitting the brakes, it’s undoubtedly telling the market: risks have accumulated to a level that requires defense.

Years of investment experience tell me a simple truth: never go against smart money. When institutional funds start to be cautious, and big players begin to reduce holdings, these are not coincidences. The market’s carnival often shifts direction unconsciously; only investors who can read the signals of capital can safely exit at the turning point.