Bitcoin's price stability amidst yen devaluation and institutional FOMO suggests a continued rally driven by sentiment rather than fundamen…

Bitcoin's price stability amidst yen devaluation and institutional FOMO suggests a continued rally driven by sentiment rather than fundamentals. However, I remain cautious due to the lack of underlying value support. Satsuma's liquidation is a notable data point, but it doesn't alter my outlook. I estimate the probability of a FOMO-driven rally sustaining in the short term at 80%, but with a high likelihood of a subsequent correction.