$BTC Bitcoin violently surged 4.8%, giant whales increased their holdings by 1.7 billion dollars in a single day, what should we do?
Yesterday's order at 97600 didn't get filled, feeling a bit disappointed, is this the extent of the main force's power?
Actually, it's not that bad; the pressure above is significant, getting a 97388 is not too shabby.
A few important things to mention in advance:
1. On March 6, Trump requested that the Treasury submit a report on the implementation path of the strategic reserve by May 5, clearly stating for the first time that official resources will be systematically allocated to BTC, which is a continuous positive signal.
2. The Ministry of Commerce of Dongda stated that they have received multiple proactive attempts from the U.S. side and are currently evaluating their sincerity, indicating a possibility of negotiations.
3. Except for the day of negative GDP growth, there has been a significant inflow of funds, with 420 million flowing in on Labor Day, and institutions continuously increasing their positions.
All of the above are positive signals.