Brothers, Bitcoin is stuck in the awkward range of 92,000 to 95,000 recently, and it can’t go up or down, just like constipation! The data on the chain revealed a shocking news: the mysterious whale swallowed 20,000 Bitcoins in one go in the past 48 hours! But on the other hand, the Grayscale guys are frantically selling Ethereum, which makes people confused...

Technical KOLs are collectively scratching their heads now. The MACD crossover is like the soul-catching lock of the King of Hell, but the 200-day moving average is firmly underfoot. Is this a bullish turn or a bearish reappearance? Let's talk about it!

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1. The "Plastic Brotherhood" between U.S. Stocks and Bitcoin

The Nasdaq is only 0.01 centimeters away from its all-time high, and Microsoft and Google are about to hand in their exam results. Now Bitcoin and the US stock market are wearing the same pants, and if one sneezes, this side will catch a fever. What's interesting is:

Institutions such as BlackRock are buying up stocks every day, and ETF funds are flowing in like a faucet.

But the retail investors were so scared that they got off the train faster than they ran away.

2. Regulatory drama is more exciting than TV series

Grayscale recently had an "afternoon tea talk" with the SEC, and insisted on doing some sort of Ethereum ETF pledge. If this thing succeeds, it will be like finding a hen that lays golden eggs for the $8 billion locked in the safe!

What is even more magical and outrageous is that the rednecks in Arizona are actually using fiscal funds to buy pie as a strategic reserve! Although it is only enough to buy a few small targets now, this operation is comparable to:

Nevada is the first state to open a casino. Other states will surely follow suit. The prospect of each state’s vaults being filled with BTC is exciting!

3. The economic data "suspense drama" is about to begin

The heavy data to be released this week is more exciting than a TV show:

  1. Wednesday Double Bang:

    • If GDP is less than 0.4% → economic impotence

    • PCE inflation > 2.8% → The Fed continues to play dead

  2. Friday's finale:

    • Unemployment rate explodes → Pie falls first and then rises

    • Employment data is good → may take off directly

The market now is like a diabetic patient waiting for his physical examination report, who is afraid of both high blood sugar and malnutrition, and is so conflicted!

4. Funds are playing the "musical chairs game"

Recently, the flow of funds is more lively than a nightclub:

  • Arbitrum cross-chain bridge swallowed 300 million yuan, and its ability to attract money far surpassed that of BSC

  • The WAL project on the Sui chain is clearly going to unlock 270 million dollars, but the dealer just pulls it out of the skyline

  • The fat penguin in the NFT circle counterattacks with his younger brothers, and the physical toys are sold out

On the other hand, no matter how well-written the code is, it can’t beat Dogecoin, which tells dirty jokes. So in the cryptocurrency circle:

Marketing is more important than technology

It is more reliable to tell a story than to write a white paper

5. Technical "fight between gods"

Now the public chains are starting to fight with bayonets:

  • Suichain TVL increased by 42% this week, and the airdrop activity was very popular

  • Ethereum L2 locked-up volume exceeds 45 billion, new projects are emerging like dumplings

  • CME options positions exceed $12 billion, and the Wolf of Wall Street also joins in the fun

But be careful of those whales:

  • A large investor holds 1.32 million SOL and moves to Binance every day

  • A wealthy person spent $1.3 million to short TRUMP coin
    Nowadays, even meme coins are being hedged. Are you convinced?

6. Three keys to reach $100,000

  1. Economic data should be "just right" (the Fed's favorite)

  2. Positive policies are about to "explode" (for example, the state government really buys BTC)

  3. New narratives need to be "sexy" (no rehashing meme coins)

Now the global negative yield bonds have risen to 8.2 trillion dollars, and the price-performance ratio of bitcoin is much better than that of gold. When the actual yield of 30-year US bonds falls below 1%, institutional investors will definitely rush in to pick up bargains.

Finally, let me say something from the bottom of my heart: in the current market, those who are bullish think that there is gold everywhere, while those who are bearish think that it is all traps. But smart people know that they can either hold on to the leader or deploy real asset chain projects.

Remember, my friends: making money in a bull market requires luck, making money in a bear market requires skill, and only those who can survive to the next round are the real big guys!