Bitcoin breaks through the $100,000 mark, why is the market celebrating against the trend? Three signals reveal the truth of the frenzy:
Short sellers trigger a domino effect
After the Federal Reserve's hawkish stance, ETH briefly fell below $1,700, causing panic selling, but on-chain data shows that 97% of long positions formed strong support at $1,850.
Concentrated short seller liquidations trigger algorithmic trading backlash, with over $400 million liquidated across the network within 24 hours, pushing the price to break through $99,500.
Institutional funds flow beneath the surface
ETF net inflows of $142 million in a single day create a three-month high, with institutions like ARK Invest continuing to increase their positions.
MicroStrategy plans to increase its holdings by 12.4 million BTC within the year, with public company holdings exceeding 2.4%, forming a new pattern of "institutional bull".
Altcoin season begins with a feast
Pepe's bottom three consecutive green candles break through the key level of $0.07, with daily MACD forming a bottom divergence, indicating potential upward space to $0.097-$0.105.
Solana's on-chain TVL surges 300%, with explosive growth in the ecosystem supporting SOL's push towards $150.
Strategy
Aggressive: 20% position chasing Pepe's support level at $0.085, stop loss at $0.078, target $0.105.
Conservative: Wait for BTC to pull back to the middle band of the Bollinger Bands at $92,800, gradually build positions in Sol and Arbitrum.
Warning indicator: If gold breaks through $2,500/ounce, immediately reduce cryptocurrency holdings by 50%.
The current market shows characteristics of "index bull + individual stock bear", with 90% of altcoins having broken previous highs, leaving only 10% of quality targets with room for a rebound.
Remember: Bull market profits are made by sitting, not chasing!