The market is like a big pot. Recently, institutions have been crazily adding firewood to the pot, and the flames are rising rapidly. But the question arises: should we let this pot of water boil over directly, or should we first 'splash' it back down and then simmer slowly?

Old Zhu's viewpoint is very simple - institutions are really buying, but short-term retail investors should not blindly go all in. Tonight's market will either be a 'breakthrough surge' or a 'drop back to the bottom of the pot', the suspense is at its peak!

First, let's look at the hard news:

This week, the net inflow of Bitcoin spot ETFs reached 2.3239 billion USD, with two giants, BlackRock and Fidelity, swallowing 1.9 billion. This is not just a slogan; it's real cash.

Institutional entry indicates strong long-term bullish sentiment.

What about retail investors? Most are shouting bull market while still watching, afraid of being trapped after a rise.

So today's market sentiment is: institutions are confident, retail investors are hesitant.

Old Zhu's judgment is: the overall direction is still bullish, but tonight we will either see a volume breakthrough or a sharp drop for a washout.

Tonight's operational logic:

The logic can be broken down into three sentences:

Support point at 115k: this is the moat for the bulls. If it holds, the bulls can continue to sound the horn.

Pressure point at 116.8k: this is the key threshold for tonight; if it cannot break, it will be stuck in place.

Trading volume determines authenticity: if there is a volume breakthrough, the bull continues; if there is no volume breakthrough, it's a false move, leading to a drop.

In short: whether 115k holds or not determines whether tonight is a bull performance or bears come to steal the show.

Old Zhu's short-term strategy suggestions for tonight:

Turning point: 115k!

Upper pressure: 116.2–116.8k, if it breaks and stabilizes, the target is straight to 118.5–120k.

Lower support: 115k, once broken, it will directly test 113–114k, and in extreme cases, it may test 110k.

Short-term operation suggestions:

Aggressive faction:

Bullish strategy: wait for a volume breakthrough at 116.8k, then chase long, target 118.5–120k, stop loss below 116k.

Bearish strategy: if 115k breaks with volume, you can try a short position, target 113–114k, with a stop loss at 115.8k.

Stable faction:

Wait for clear direction before entering; do not chase rapid rises or falls; it’s better to earn a little less than to be caught off guard by a big drop.

Survival skills (Old Zhu's heartfelt words):

Don't hold too much position; short-term positions shouldn't exceed 20% of total capital.

Set stop losses well; if the trend is right, hold more; if it's right but less profitable, that's the secret to surviving.

Remember one thing: there is always a market every day; surviving is the most important.

Old Zhu's summary:

Old Zhu's attitude is very straightforward: 2.324 billion capital inflow, which is the fuel for the bull market, but short-term violent fluctuations are the norm.

Tonight's script is twofold:

115k Hold → Bull market continues to rush;

If 115k does not hold → bears will crash the market.

I prefer 'holding support and breaking upwards', but I remind everyone, don’t fantasize about a straight shot to 120k; the market never follows the script, instead, it first washes out a batch of people before giving rewards.

The market is hot; tonight's trend will definitely be thrilling.

👉 Want Old Zhu's real trading strategy and real-time buy and sell point hints?

Hurry up and pay attention to @加密老朱 and send a private message; I will send tonight's real trading plan before the US market opens, only for those who really want to make money and not get trapped! #BTC走势分析