According to ChainCatcher's message, Lin Chen, the head of Asia-Pacific business at Deribit, stated that based on data and indicators, the market has officially transitioned from a bull market to a bear market, with an unfavorable short-term outlook and significant selling pressure expected during any rebounds.However, from a long-term perspective, she remains optimistic, believing that when the macro environment (including tariffs, inflation, interest rate cuts, geopolitical conflicts, and breakthroughs in artificial intelligence technology) improves, the Bitcoin market will see another upward trend.As an industry practitioner holding Bitcoin, Lin Chen plans to continue holding Bitcoin in the coming months, generating income by selling call options and purchasing a small amount of long-term put options to increase her spot holdings.

ChainCatcher news, Lin Chen, Head of Asia Pacific Business at Deribit, stated on X that the U.S. Department of Justice (DOJ) chose Coinbase Prime to custody seized crypto assets, paying Coinbase $32.25 million for the custody and processing contract. Based on a custody fee of 2%, the DOJ may have $1.6 billion in crypto assets to manage. This scale of crypto assets can also be referred to as a leading asset management company in the crypto field. Some of the largest revenues for the U.S. Department of Justice this year have also come from the crypto sector.Previous news, the U.S. Marshals Service chose Coinbase as its digital asset custody and trading service provider.