According to The Kobeissi Letter, the Volatility Index has surged above 40 for the first time since the August 2024 Yen Carry Trade collapse, indicating increased market turbulence. This surge suggests heightened risk and uncertainty, which traders should consider when assessing market positions and potential adjustments. The historical context of the Yen Carry Trade collapse further underscores the potential for significant market movements. Traders are advised to closely monitor developments and adjust strategies accordingly.

According to Omkar Godbole, volatility indices in crypto, equities, and bonds have remained elevated following a mid-week risk recovery, indicating a turbulent market environment over the past 24 hours. This suggests traders should brace for continued volatility and potential rapid shifts in market conditions.

According to Michaël van de Poppe, investors should not panic sell during the current market instability caused by trade wars and geopolitical conflicts. He emphasizes that the bigger picture indicates a massive adoption of cryptocurrencies, suggesting that current low prices present a buying opportunity. This statement is aimed at guiding traders to consider strategic purchasing during downturns.

According to Richard Teng, the recent market turbulence should be seen as a tactical retreat rather than a reversal, suggesting that despite current challenges, the crypto market has historically shown resilience and the potential for strong recovery.

According to IntoTheBlock, the number of active LINK addresses has reached its highest level since May. This surge coincides with a significant outflow from exchanges, indicating that investors may be accumulating LINK despite recent market troubles.