$ETH

Bitcoin Stabilizes Above $100,000: Who is Quietly 'Lifting the Sedan'?

Bitcoin has quietly stabilized above $100,000, but it is not retail investors who are truly lifting it—rather, it is institutions.

According to data:

In the past month, ETF inflows have remained active, with a single-day high inflow reaching $933 million, and Wall Street wallets are continuously increasing their positions;

Coinbase has strong buying pressure, averaging $54 million per day; Binance, on the other hand, has seen continued reduction in selling pressure;

The $93K-$95K area has become the most critical active accumulation zone.

After institutions 'buy while supporting', what has resulted is not a direct surge but rather a 'stepwise increase'. Currently, Bitcoin is consolidating between $102K-$103.7K, but still has strong support—because a large amount of chips is concentrated in the $93K-$95K range.

However, it is worth noting in the short term:

The profit rate for short-term holders has reached as high as 90%, and they may take partial profits at any time;

Institutional activity tends to decline over the weekend, increasing the risk of short-term corrections.