As the Bitcoin conference kicks off, the cryptocurrency market is about to change again! This time, the Las Vegas event has directly ignited the market— the Trump administration has publicly supported the 'Strategic Bitcoin Reserve Act', planning to accumulate 1 million Bitcoins within five years. Block Company even piloted Bitcoin payments on-site, making 'digital gold' truly enter everyday consumption. These actions have directly stimulated Bitcoin to stabilize at the $110,000 mark, with institutional funds pouring in crazily. The cumulative net inflow for Bitcoin ETFs has exceeded $42.4 billion, and BlackRock's IBIT has even set a record for inflows for 19 consecutive days.
How will the market move? Three major favorable factors support a short-term explosion:
1. Policy-level stimulation: The Trump team not only promotes a national reserve plan but has also established a special task force for crypto assets at the White House. Thirty states, including Arizona and Texas, are following up with legislation, and 30 countries around the world are closely watching the U.S. developments. This level of policy intensity is unprecedented in Bitcoin's history, directly igniting the bullish enthusiasm of both institutions and retail investors.
2. Technical breakthrough imminent: Bitcoin is currently oscillating around $110,000, with the Bollinger Bands widening and RSI maintaining in the 65 neutral-to-strong territory. Once it breaks through the resistance level of $111,500, it is highly likely to hit a new historical high of $112,500. On-chain data also shows that whale James Wynn has increased his position to $522 million, betting on a mid-term bullish outlook.
3. Liquidity explosion: During the conference, Bitcoin's 24-hour trading volume significantly rebounded, with the derivatives market long-short ratio at 1.3:1, and funding rates remaining positive, indicating healthy but not overheated market sentiment. More critically, Trump Media announced a $2.5 billion financing to purchase Bitcoin, and this 'official announcement' increase directly breaks market doubts.
Risk warning: Historical data shows that after Bitcoin conferences, there often occurs a 'buy the expectation, sell the fact' correction, along with the large-scale options expiration on May 31, the price may test the support level of $109,000. However, from a medium to long-term perspective, with expectations of interest rate cuts from the Federal Reserve, halving effects, and continued inflows into ETFs, the target price for 2025 still aims for $180,000 to $200,000.
Final reminder: The crypto market is highly volatile within 24 hours, and news is dense during the conference. It is recommended to set a stop-loss discipline, with individual risk not exceeding 1.5% of total funds. Click to follow for real-time market analysis, and let’s discuss in the comments whether you think Bitcoin will rise or fall after the conference? Share with friends to seize the opportunity together! #比特币2025大会
