Bitcoin breaks 110,000 again! The feast and reefs swallowed by institutions
Today BTC surged to 110,000, on the surface a celebration for all, but underneath it’s all the work of institutions! Giants like BlackRock and MicroStrategy have pumped 1.5 billion USD into ETFs in just one week, forcefully pushing the price through historical ceilings.
But have you thought about it? On-chain transaction fees are still stuck below 1 USD, and miners' income relies entirely on block subsidies — how long can this false demand last?
The expectation of Fed interest rate cuts + the stablecoin bill in Hong Kong and the U.S. seems like double happiness. But Trump’s words are deceptive! Remember the disaster when the tariff order was issued in April, where BTC plummeted 20% in a single day? Today he fell out with Musk, and the market immediately trembled.
Geopolitics is also a powder keg; when the U.S. military bombed Iran, Bitcoin instantly evaporated over 160 million longs — policy black swans can teach you a lesson in an instant!
Look at this position: daily MACD golden cross, RSI above 70, looking bullish? But at the four-hour level, funds have already started to slip away! Above 109,000 is a bear ambush zone, a stop-loss at 112,500 is considered merciful, while 106,600 is the first take-profit point.
Bitfinex makes it clear: the average return rate for Q3 is only 6%, in this sideways grinding market, aren’t those chasing the rise just wanting to be “sentinels”?
Why are institutions calm? MicroStrategy added 705 more coins, with a cost of 106,000, still daring to take the plunge. They are betting on a long-term narrative of 500,000 in five years, who cares about tomorrow’s ups and downs?
And retail investors? Leveraged to the max, breathing rapidly, a single pin from the operators and they’re out of the game — heavily leveraged, isn’t that just sending an annual card to the exchange?
Breaking previous highs ≠ trend stability, if the 100,000 support level can’t hold, Peter Brandt's prediction of a 75% crash won’t be just a scare tactic. As for now? Accumulate spot in batches, and sidestep contracts — those who survive long in a bull market are the ones who can dodge bullets!
The current market is full of uncertainties, blindly going solo will not bring opportunities ~ Follow me, and I’ll take you to explore tenfold potential coins! Top-tier resources!
