#比特币市值排名 Whale Frenzy, ETF Surge, Is Bitcoin Brewing a Surprise Attack?

Bitcoin, is it the final push towards 96K, or merely creating an illusion before a reversal?

Since the beginning of the year, Bitcoin has been highly volatile. After a correction from the peak of $109,000, the bullish momentum not only persisted but also mounted several counterattacks, breaking through the key resistance of $88,500 in successive rallies, with a maximum reaching $94,100.

Key Data Overview:

Glassnode shows that super whales (holding over 10,000 BTC) are accumulating at the fastest rate since 2020;

Mid-tier whales (1k~10k BTC) are also steadily increasing their holdings;

Spot ETF inflows soared to nearly $1 billion in a single day, breaking the record since November last year, with institutional funds fully deployed.

However, the long and short positions are still in a tug-of-war:

The long-to-short ratio is 0.9841, with a large number of hedged positions still in play;

Long positions account for 49.56%, while shorts make up 50.4%, indicating a neutral short-term market;

MACD trend is leaning bearish, yet RSI shows a bullish crossover, increasing technical divergence.