Can #比特币走势观察 BTC still be chased? After another wave of sharp rise, is it a trap or a main bullish trend?

Recently, many people have been confused by the market

Are you also wondering: With BTC rising to 110,000, is this another trap to cut the weak?

Or is it that the real bull market has quietly begun?

To be honest, I was shaken by the market in the past few days as well, but the more critical the moment, the more we need to analyze calmly—looking at the technical aspects and weighing the news, so as not to be led by the rhythm.

Now, let's break it down in simple terms that everyone in the circle understands

Technical Analysis: Short-term bullish control, but it’s not time to go all in blindly

From the 4-hour chart, BTC has shown a very standard step-like rise since June 5, each pullback just happens to land near the 5-day or 7-day moving averages, indicating that this wave is a typical strong consolidation followed by continued rise

The MACD and trading volume are cooperating beautifully, especially breaking through the resistance at 110,000, indicating that this wave is a real attack with genuine capital, not just driven by emotions. Moreover, the MA7 and MA30 have already crossed bullishly, making the short-term bullish trend very clear

So the conclusion is: the direction is right, but the rhythm should not be chaotic. It’s not suitable for heavy investment and all-in, but rather wait for a pullback to gradually accumulate

News Analysis: Backed by ETFs and whale entries, the market is not without foundation

Behind this wave of BTC's rise, it is really not just empty speculation. The key drivers are actually—ETF + huge whale capital inflow

BlackRock's IBIT has become the fastest-growing ETF in history, with managed funds exceeding 70 billion USD, which is the truest vote from institutional capital

It’s not just a slogan; it’s real capital entering the market

Although the overall ETF still has some outflows, if you look at the details—BlackRock has instead seen significant net inflows, indicating some divergence, but the main forces are accumulating

Additionally, the Federal Reserve's recent dovish stance and the non-farm data have given the market confidence, making the overall external environment positive for BTC. This rise is not a spontaneous idea but well-prepared.

My judgment: This is a rehearsal for the main bullish trend, not a trap

Want to follow whale movements, ETF data, and key point alerts in real-time? Follow us on the homepage to stay updated, as making profits in a bull market isn’t just luck!