【Bitcoin Breaks $95,000! Surges 11.7% This Week, Institutions Go on a Buying Spree】🔥

BTC current price $95,064, 24-hour increase of 1.5%, rebounding over 26% from $75,000 this week! Blockchain concept stocks in the US stock market are celebrating, with miner stocks like MSTR and COIN soaring.

Core Drivers:

✅ ETF Inflows: The US spot Bitcoin ETF attracted $2.6 billion in a single week, marking the third-largest inflow since 2024;

✅ Institutional Accumulation: Semler Scientific continues to increase holdings, with an average cost of $87,000 and a current market value of $309 million;

✅ Regulatory Easing: The Federal Reserve alleviates the burden on banks providing crypto services, and the Trump administration sends friendly signals;

✅ Technical Breakthrough: The 30-day EMA crosses above the 200-day SMA, and RSI moves out of the oversold zone to 59, showing initial bullish momentum.

On-Chain Data Support:

🔸 Exchange reserves drop to 2.2 million coins (historical low), indicating strong accumulation sentiment among long-term holders;

🔸 Stable Hash Rate: The overall network hash rate maintains at 600 EH/s, and the shutdown price for miners is $65,000-$70,000, with no selling pressure at current prices.

Risk Warnings:

⚠️ Policy Uncertainty: The Swiss central bank refuses Bitcoin reserves, and the SEC delays Ethereum ETF approvals;

⚠️ Leverage Risk: The perpetual contract funding rate is negative (bearish dominance), and a drop below $93,000 may trigger programmed selling;

⚠️ Competition with Gold: Gold prices surpass $3,400/ounce, potentially diverting some funds.

Key Levels:

🔹 Short-term Support: $93,000 (4-hour Bollinger Band midline), $91,000 (30-day moving average);

🔹 Resistance Levels: $98,000 (February high), $100,000 (historical peak).

Trading Strategy:

📉 Conservative: Gradually build positions in the $93,000-$95,000 range, increasing core asset allocation to 70%;

📈 Aggressive: Chase the trend if it breaks $98,000 (stop loss at $95,000), and lightly buy on dips at $91,000 (targeting $100,000).

Long-term Logic:

Supply contraction after halving (completed in April 2024), institutional allocation demand, and macro liquidity easing remain core positives.

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