Bitcoin sentiment leans bullish (short-term) with strong technical momentum and institutional accumulation, though whales show caution by distributing holdings.

1. Technical traders see upside to $130K–$150K after BTC broke $116K resistance.

2. Institutions absorb whale sell-pressure, with ETF inflows and corporate treasury buys.

3. Regulatory clarity in the U.S., Japan, and South Korea fuels optimism.

1. Sentiment Overview

Bullishness dominates (CMC Fear & Greed Index: 67 “Greed”) as BTC hit a new ATH of $116,800 on July 11, 2025. Traders highlight:

- Technical strength: https://www.binance.com/en/square/post/07-11-2025-bitcoin-news-bitcoin-holds-above-116k-as-analysts-eye-150k-breakout-if-daily-close-stays-above-113k-26785136048241

- Institutional demand: Spot Bitcoin ETFs bought $15B BTC since April 2025

Bearish undercurrents include whale wallets selling 14,000 BTC since July 4 and $1.14B in leveraged shorts liquidated during the rally.

2. Key Discussion Themes

A. Regulatory tailwinds:

- U.S. Strategic Bitcoin Reserve and Japan’s pro-ETF tax reforms ~~ Bitcoin Magazine

- South Korea’s pro-Bitcoin President legalizing ETFs

B. Technical vs. Macro risks:

- Traders debate whether $113K daily closes can sustain momentum amid rising U.S. CPI uncertainty.

3. Platform-Specific Insights

- X (Twitter): Focus on whale alerts (e.g., Tether’s $2.7B BTC transfer) and leverage risks ($88.5M short liquidated).

BTC’s rally hinges on institutional absorption of whale supply and macro stability. While technicals favor upside, traders should watch the $113K support and July 11 CPI data.

$BTC