$BTC Bullish Catalysts
Technology Stock Correlation
NVIDIA's market value breaks $4 trillion, driving the Nasdaq to new highs, with risk assets broadly rising. The correlation between BTC and tech stocks rises to 0.69 in the short term.
Short Squeeze
After breaking $112,000, $340 million in short positions were liquidated within 4 hours, accelerating the rise due to passive buying.
Institutional Funds Continue to Enter
Spot ETF saw a net inflow of over $200 million in a single day (led by BlackRock and Fidelity), and expectations for increased purchases by companies like MicroStrategy are rising.
Macro Risk Aversion Demand
Geopolitical conflicts (Middle East, Russia-Ukraine) and Trump's tariff policies weaken traditional safe-haven assets, with funds shifting towards BTC as a hedge.