News ignites the market: Institutions are frantically buying, where lies the 'structurally bullish' logic for Bitcoin?
Last night, heavy news from Wall Street—Goldman Sachs' digital asset department was reported to have secretly built a position in Bitcoin, with a single transaction possibly exceeding $500 million. Meanwhile, MicroStrategy has again increased its holdings by 2,000 BTC, bringing its total holdings to over 200,000, making it the largest 'Bitcoin whale' among global listed companies. Even more intriguingly, the U.S. SEC has postponed its approval decisions for several Bitcoin ETFs, interpreted by the market as a 'sign of regulatory easing'.
Technical confirmation: Bitcoin has formed a 'triple bottom' structure at the $68,000 key support level. On-chain data shows that whale addresses have reached a yearly high in holdings, while miner selling pressure has dropped to an 18-month low. These signals strongly echo the 'structurally bullish' headline—institutions are laying the groundwork for the next bull market.
Zhuque warns: Don't be fooled by clickbait! Entering now may make you a 'bag holder'.
Despite favorable fundamentals, as a veteran who has experienced three bull-bear transitions, I must remind retail investors: the current price is still in the 'institutional cost zone', and short-term volatility risks far exceed expectations!
Macroeconomic risks remain: Federal Reserve Chairman Powell's latest speech suggests 'there may be two more rate hikes this year'. The dollar index has rebounded to the 103 level, and the crypto market faces liquidity withdrawal pressure.
Exchange BTC reserves surge: Glassnode data shows that net inflows to exchanges reached 120,000 BTC in the past 7 days, which is a typical 'whale selling signal'.
Altcoin bloodsucking effect: Ethereum ETF hype is heating up, funds are flowing from Bitcoin to Altcoins. If BTC cannot hold above $72,000, it may trigger a chain sell-off.
Where are the lucrative opportunities? Zhuque provides a 'precise entry timetable'.
Based on on-chain data model calculations, Bitcoin's next round of explosion may need to meet two major conditions:
Federal Reserve's shift in attitude: Focus on July 25 CPI data. If inflation is below 3%, expectations for interest rate cuts may ferment ahead of schedule;
ETF finally approved: Institutions like BlackRock have hoarded over 300,000 BTC awaiting delivery; once approved, it will trigger a 'short squeeze'.
Operational advice:
Short-term players: Wait for Bitcoin to test the $65,000 support level, and scale into positions with RSI oversold signals;
Long-term holders: Ignore short-term volatility and focus on the holding cost lines of whales like MicroStrategy;
High-risk preference individuals: Can lay out BTC derivatives, betting on rising volatility.
In April 2021, the same 'institutional endorsement + technical breakthrough' narrative drove Bitcoin to $64,000, but shortly after, a regulatory storm in China caused a 50% crash within a month. History is repeating itself—this time the risk may come from the volatility of Trump's crypto policy. According to insider information, his team is considering imposing an 'energy tax' on digital assets, which, if realized, will directly impact the miner ecosystem.
A 'structural bull market' for Bitcoin may be brewing, but savvy investors know to 'advance under fire and retreat amidst fireworks'. Click to follow Zhuque; tomorrow's live broadcast will exclusively reveal the 'institutional holding cost calculator', teaching you to accurately calculate the margin of safety for each BTC!
Are you trapped? When to bottom fish? Still the same saying, confused and helpless, not knowing what to do, click on the avatar to comment. I need fans, you need references.#BTC再创新高
