Another trading day dominated by fear.

The Greed and Fear Index remains at 31, spot ETF net outflows reach $348 million in a single day, and BTC fluctuates around $88,000—every hourly jump is pounding on the fragile confidence of participants. Year-end rebalancing, the implementation of tax policies, and the spread of uncertainty are all driving a silent selling pressure.

But in this market filled with risk-averse voices, one signal has been overlooked by most.

According to on-chain data, Tether quietly increased its Bitcoin holdings by 8,888 BTC in Q4 2025, pushing its total holdings above 96,000 BTC. Imagine this scene: retail investors panic-selling, some institutions withdrawing amid strategic adjustments, but this "whale" holding hundreds of billions of dollars in reserves is demonstrating discipline through action—maintaining resolve amid volatility, continuing to deploy, and steadily accumulating.

This is a lesson for everyone who is navigating the market.

In the short term, the market is a voting machine; in the long term, it’s a weighing machine. ETF capital flows fluctuate with macro sentiment, but participants like Tether and El Salvador operate across cycles. They don’t care whether Bitcoin rises or falls by $5,000 tomorrow; what matters to them is Bitcoin’s position in the digital value ecosystem five or ten years from now.

Conversely, ask yourself: what is truly worth "weighing" in our own investment battleground?

Not hype-driven emotions, not social media buzz—those can vanish instantly when sentiment reverses. What truly carries weight are verifiable actions, transparent fund flows, and tangible significance beyond pure financial speculation. When mainstream markets sway amid uncertainty, communities capable of continuously generating positive influence tend to see their consensus strengthen over time.

So instead of panicking at every flicker on the chart, it’s better to reflect on what genuine conviction is. Some demonstrate it through Tether—continuously buying into the future in silence; others act beyond the noise, turning consensus into visible change. Both approaches point to the power of long-termism.