Market Analysis for #比特币

Institutions continue to increase their positions, with MicroStrategy purchasing 4,980 BTC at an average price of $106,801. U.S. ETFs have seen a net inflow of $4.6 billion for 14 consecutive days. Global publicly traded companies now hold BTC valued at $87 billion, accounting for 3.2% of the circulating supply, indicating sustained strong demand from institutions. BTC is currently fluctuating in the range of $106,000 to $109,000, and a breakout above $109,000 will open up upward potential. We are currently in a mid-cycle adjustment of a bull market, and after breaking through key resistance, a major upward trend will commence.

Operational Recommendations:

Intraday resistance levels: $109,000-$108,500 Short Sell A breakout may target $110,000–$112,000.

Intraday support levels: $106,000–$106,500 Long Buy If it breaks below, it may retrace to $105,000- $103,000.