Institutional giants are poised for action, guiding public opinion, and the overall situation for BTC has been determined!
1. Market trend analysis: Over the weekend, Bitcoin's price fluctuated by a thousand points within 4 hours, which was still manageable. Starting from 19:00 yesterday, the market began to change, with the upper wick extending, indicating selling pressure. By 22:00, a long wick caused a drop of 1613 points, leading to the liquidation of leveraged long positions. The overall decline yesterday reached -2.17%, with a volatility of 3.33%, and the market lacked strong capital inflow and supportive positive news, resulting in continuous selling pressure.
2. External environmental factors: The United Arab Emirates holds 40 billion BTC, and as a leader in BTC mining in the Middle East, it has a positive attitude towards the cryptocurrency sector. Additionally, more and more countries are beginning to pay attention to BTC, with regulations gradually easing. In the United States, Trump aims to promote the development of the cryptocurrency sector, while Powell stated that the Federal Reserve does not hold BTC and does not participate in government reserve plans, contrasting the two attitudes. Moreover, BlackRock transferred about 9 million USDC to Ondo Finance last week, with USDT and USDC being issued, which may indicate a change in market buying demand.
3. Institutional dynamics: MicroStrategy's Michael Saylor announced that a new BTC procurement plan will be developed if necessary. Following Powell's hawkish remarks, Saylor recommended BTC, even though BTC experienced a pullback, forcing retail investors and some others to close positions and lose their chips. However, MicroStrategy's original intention to buy and hold BTC remains unchanged, and the main force in the market is still strong. Analysts continue to adopt a low-buy strategy but emphasize that the entry position is crucial. Lastly, it is highlighted that investment success depends not only on asset selection but also on precisely grasping the timing of buying and selling, as well as proper asset allocation, to advance steadily in the investment field.
Ethereum Chain, MARVIN the Martian Dog with the last digits (7055) is surging in! Musk's dog is making its mark in the blockchain.
p͢u͢p͢p͢i͢e͢s͢ with the last digits (6eb2) are little puppies, have no project party, and are community-governed tokens!
Trump and Vitalik's wallets both hold!
On the Ethereum Chain, 17,000 holders with a market value of just over ten million in the #meme sector are a hot topic; you won't find a second one! #比特币战略储备 $BTC