BULLISH: Bitcoin has held above $100K for 40 consecutive days. 🔥

Consolidating sideways gradually over time will make the support zone at 100k more solid 👌 I personally hope $BTC will hover in the range of $102k - $110k throughout August so that when #Bitcoin enters the strongest bullish quarter (Q4), it will push the price of #BTC above $250k ✅

Saying it requires a basis for people to believe, otherwise just drawing some diagonal lines up and down will make them laugh 🤣

✅ In the past 30 days, net inflows into Bitcoin ETF funds have increased by 128,000 BTC, marking the largest accumulation wave by institutions since 2024.

✅ The one-day deposit balance of Binance whale accounts has increased from $2.30 billion to $4.59 billion, reflecting an increase in confidence from high-net-worth investors.

✅ The Stock-to-Flow ratio of Bitcoin surged to 2.12 million, up 133.34%, reinforcing the argument for Bitcoin's scarcity.

✅ Trading volume data shows that large transactions (from $1 million to $10 million) increased by 5.35%, while small transactions (from $1 to $10) decreased by 38.26%, indicating that whales are controlling market liquidity.

✅ Bitcoin's NVT ratio rose to 824, indicating that market capitalization is growing faster than trading volume, which could suggest a short-term overheating situation; however, combined with ETF inflows and the number of whale holdings, this is a sign of strategic accumulation.

✅ The number of short-term investors has decreased while the number of long-term investors has increased, indicating a more solid market structure.

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