$BTC Review

The conflict between Chuan and Ma, Tesla's plummet, and the risk-averse sentiment in the market have spread to the crypto space. After a sharp drop of about $4000, BTC quickly rebounded by about $5000. BTC has started a new round of upward momentum, targeting the previous high of $112,000.

- ETF net outflow of 470 BTC, narrowing compared to the previous period

- Several listed companies, including K-Wave, Yuta Logistics, DTCK, and ATIF, have announced BTC reserve strategies

- Pump.fun public offering information will be released in 2 weeks

The news surrounding BTC is generally bullish, and it seems to have initiated a new wave of upward movement, targeting the previous high of $112,000. From a technical perspective, the volume indicators suggest that it is not advisable to chase the market directly; patience is needed to wait for around $103,500.