$BTC
Major institutions are "cautiously increasing their holdings," and IBIT maintains stable capital inflow. Observing the battle for the 95000 level.
The price hit a low of 93000 between May 1-5, overall showing a weak oscillation pattern after high-level consolidation. Trading volume has significantly shrunk, volatility is generally easing, and market sentiment is cautiously waiting. Three aspects need attention this week.
Federal Reserve's statements and macro interest rate clues: The FOMC meeting minutes are due this week, and the market is focused on whether it hints at a delayed rate cut or an early tightening. If the tone is hawkish, it will create short-term pressure on BTC.
Performance of the U.S. tech sector: If the Nasdaq continues to rebound, it may encourage digital assets to warm up in sync, especially crypto assets linked to the AI concept will strengthen first.
Changes in ETF capital flow: If IBIT inflows restart significantly this evening, it will become a strong reversal signal.
If it stabilizes above the 95000 level this week, BTC is expected to restart its upward target to 98500 or even challenge the year's high of 102000.
Today's key technical levels:
Upper resistance levels: 95000 / 95600 / 96200
Lower support levels: 94400 / 92800 / 90500
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