Bitcoin ETF fund pool surges by $380 million!
For seven consecutive days, the institutional printing press mode has been unstoppable, and the manipulative tactics of the operators can be described as violent - after breaking through the $90,000 mark, there hasn't even been a decent pullback, and the altcoin army is being directly led by the big brother.
The market is now playing a high-altitude tightrope walk, with the $90,000 support level as solid as titanium alloy. As long as it holds for three hours without breaking, the $100,000 mark is just a layer of paper.
On-chain data reveals the secret: the Bitcoin reserves of exchanges have plummeted to a four-year low, and the accumulation speed of whale wallets is faster than the Fed's printing press.
This is not a pullback but mid-air refueling; the bull market's candlestick chart is giving the hesitant ones their final lesson - when all technical indicators are welded in the overbought zone by buying pressure, the market engine has long switched to rocket propulsion mode!
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