$BTC

Bitcoin breaks 100,000 consecutively; is it truly mature, or just the calm before the storm?

The U.S. May CPI has arrived - up 2.5% year-on-year, in line with expectations. No surprises, no shocks.

Inflation is no longer the main character.

Investors' eyes are now fixed on interest rates, ETF flows, and global macro signals. As long as inflation doesn't throw a curveball, the fluctuations in the crypto space will just be 'weather forecasts'.

But the main event isn't the CPI; it's:

Bitcoin has stood above 100,000 USD for 30 consecutive days, a historic first, incredibly bullish! Is this the prelude to a new high, or a period of 'pretend calm'?

Institutions are not playing games.

Currently, 116 listed companies globally hold over 809,100 Bitcoins, a staggering increase of over 2.5 times from last year.

Since April, nearly 100,000 new Bitcoins have been added, with at least 25 institutions accumulating.

MicroStrategy continues to increase its position, and other institutions are quietly getting on board; no one wants to miss the next leap.

The big players haven't fled; in fact, they're more resolute.

Every time there's a historical breakout from a consolidation zone, we see a lot of profit-taking. But this time it's different -

Net realized profit and loss data indicates that the big players haven't left; instead, they're firmly holding their positions, expecting even greater movements to come.

This 'not cashing out' attitude reveals a strong expectation: 'It's not time to reel in the nets yet'.

Technical Analysis: The key resistance before a breakthrough#BTC110KSoon?

We are currently entering the last resistance zone before a historical new high, but we have yet to break through.#

In a short time, trading volume surged from 36 billion USD to nearly 60 billion, indicating that prices have been 'squeezed', and bulls and bears are in a duel.