Technical and Macroeconomic Analysis
The big pie surged from 95,000 to 106,000 in the past week, with the core driving force being Trump's "triple move":
1) Easing AI chip exports
2) Promoting China-U.S.-Europe negotiations
3) Facilitating Russia-Ukraine peace talks.
The current market is in a stalemate: trading volume continues to shrink, ETF capital flow is stagnant, and even the surging Ethereum cannot lift the sentiment. The new low in exchange inventory indicates limited selling pressure, but the lack of new positive news makes it difficult to break previous highs, with short-term expectations of high-level volatility.
Ethereum experienced an institutional buying spree yesterday! BlackRock bought 22,000 ETH in a single day, and major institutions like Grayscale and Fidelity also followed suit, with Hong Kong ETFs showing synchronous fluctuations, creating the largest single-day net inflow since April 28.
This wave of operations resembles both chasing the rally and harboring hidden strategies. It is recommended that retail investors do not easily short, but focus on buying on dips. If you want to make big money, follow my trend trades + rolling positions = ≥20x!