Bitcoin started to pull back after breaking through 100,000. Is it a power accumulation breakthrough or a stage peak?

Three main driving forces for power accumulation breakthrough:

1. Capital situation: BlackRock's Bitcoin ETF has seen a net inflow of over $5 billion for 20 consecutive days, with institutions strengthening long-term layout to support prices;

2. Technical aspect: The Lightning Network accounts for 38% of off-chain transactions, promoting the implementation of payment scenarios, and cross-chain technology breaks down ecological barriers, expanding value space;

3. Policy aspect: The US-UK tariff agreement, the Federal Reserve's interest rate stabilization, and the strategic reserves of some US states optimize the macro environment and boost market confidence.

Three signals of Bitcoin stage peak:

1. Technical indicator warnings: RSI entering overbought zone, MACD momentum weakening, historical patterns indicate a possible short-term fluctuation adjustment;

2. Market sentiment divergence: Breaking through 100,000 stimulates optimistic expectations, but high volatility and regulatory risks suppress the willingness to chase funds;

3. Signs of altcoin peak: Small coins like MOODENG and VIRTUAL PNUT have doubled in the short term and are entering the end phase of capital “sweeping,” often a precursor to overall market adjustment.#币安AlphaSUI生态交易竞赛 $BTC