$BTC Long and Short Kill Battle
Currently, BTC is forming a triple game area between $98,000 and $99,000:
▫️ Upper Resistance: Four attempts have failed, and short positions have reached a historical high, but BlackRock has increased its holdings by 25,000 BTC in a single week, creating an ammunition depot.
▫️ Middle Life-and-Death Line: The 50-day moving average of $94,500 has become a lifeline for bulls, and BlackRock's 600,000 BTC bottom warehouse forms a steel defense line.
▫️ Lower Nuclear Explosion Zone: $92,000 hides mysterious support, with the Fed's interest rate cut expectations and Grayscale's selling pressure forming a hedge.
Under Currents
Positive Nuclear Bomb: Institutional funds continue to flow in, with ETF net inflows reaching $142 million in a single day, setting a record.