Bitcoin holding on at 100,000? Don't believe the bull market myth; it's Wall Street holding on!

Don't be fooled by appearances! Bitcoin is currently stubbornly hanging above 100,000, but this isn't a strong market; it's Wall Street big shots 'printing money to survive.'

Since climbing out of the 75,000 pit in April, it hasn't been retail investors' enthusiasm but a wave of institutions frantically buying up spot ETFs that brought in the funds. On April 22 alone, 1 billion dollars poured in, like a shot of adrenaline.

In the short term, retail investors are also unwilling to be left out, crazily buying from 93,000 to 95,000. But here comes the problem: after the rise, 90% of people are in profit — and you know what happens next; those who should sell off, sell off, and the market directly stalls and goes sideways.

Today's Bitcoin resembles a 'made-up' patient; it looks stable on the surface, but in reality, it moves one step forward and one step back. Technical indicators are overbought, trading volume is declining, and it could drop at any moment.

Don't be blinded by the illusion of institutions; if the market really turns, not even Wall Street can save it. Bulls, take it easy; the bull market myth can collapse at any moment!