The long strategy provided this morning perfectly aligns with the price trend of the cryptocurrency. The technical overselling will surely lead to a rebound and recovery. Currently, Bitcoin can easily gain a thousand points, and Ethereum has over a hundred points. Friends who are following can consider taking profits or moving stop losses to protect gains!
Institutions have started to buy. Yesterday, the momentum of global public companies increasing their Bitcoin holdings remained strong:
Hong Kong-listed Boyaa Interactive invested $32.91 million to acquire 290 BTC, bringing its total holdings to 3,670 BTC; the New York Stock Exchange increased its holdings by 200 BTC, raising its total holdings to 888 BTC, steadily approaching the target of 1,000 BTC; the U.S. listed company LM Funding America made a significant purchase of 164 BTC, while Empery Digital and BOXABL also increased their positions by 13 and 10 BTC, respectively.
ETH holdings: Fundamental Global disclosed that its ETH holdings increased to 48.545 BTC. The amount disclosed for a single day exceeded 477 BTC.
Meanwhile, UK-listed company The Smarter Web Company raised £3.7 million (approximately $5 million), which is planned to be used for increasing their Bitcoin holdings.
Yesterday, the net inflow amount for the U.S. spot BTC ETF reached $219 million, the highest single-day net inflow since August 15. Among them, the largest inflow was FBTC, totaling $65.6 million; followed by IBIT, with an inflow amount of $63.4 million.
Therefore, there is no reason to continue to be bearish. Follow the footsteps of the big players and continue to wait for opportunities to enter, referring to the levels provided this morning to continue going long! #加密市场回调 #特朗普罢免美联储理事库克