btc

Bitcoin (BTC) Analysis:

Capital Flow:
American investors and institutions are the main driving force behind this round of market movement. The inflow of spot ETF funds shows that their sentiment is high, continuing to buy even when prices are at high levels. Asian market funds, on the other hand, are following the trend, with buying interest becoming cautious at high levels and lacking proactivity.

Technical Analysis:
Short-term profit-loss ratio: The current loss ratio is 22.4%, far below the 40-50% needed to signal a stop in decline, indicating that Bitcoin has not yet shown signs of halting its downward trend.

Chip Distribution:
Zone A ($100,000 - $105,000): Chips are concentrated, with $101,500 being an important support level, and $100,000 being a psychological barrier.
Zone B ($93,000 - $98,000): This zone has the most chips and the strongest support, with the highest probability of a pullback.
Zone C ($81,000 - $87,000): There are fewer chips here, with a lower probability of a pullback; the 0.618 retracement level is approximately $88,800.
Weekly range: $74,000 - $110,000, with the highest likelihood of a pullback to Zone B, while the chance of a complete retracement of the entire wave of increase is low.

Trend Judgment:
Short-term bearish, but indicators show it has not yet reached extreme high levels; it is recommended to avoid excessive bearishness.
Overall, the market is still dominated by the sentiment and funds from the U.S. market, with the Asian market being more passive in following trends.

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