#比特币突破10万？
Master talks about hot topics:
Yesterday, Bitcoin saw a slight drop until early morning, resulting in many retail investors immediately entering a state of panic. They are worried whether the bull market is over or if we have already entered a correction phase. The Master can only say for now, the outcome is unknown, but the weekend prices really shouldn't be taken too seriously.
After all, the market liquidity over the weekend is ridiculously low; a little bit of capital can easily pump the price, and a slight selling can also crash it. As for whether it's the season of altcoin festivities, we will have to observe the attitude of American investors after the US stock market opens next week.
However, it is worth noting that if Ethereum can maintain more than a 5% increase and surpass Bitcoin, then we can start to have some cautious optimism.
Additionally, Michael Saylor mentioned in an interview that he raised $10 billion within a month to buy Bitcoin! Arkham data shows that MSTR still has $3 billion ready to buy the dip on BTC.
Although this portion of funds may not directly hit the secondary market, it is highly likely to go through OTC and other routes, but if Saylor one day announces: "I spent $3 billion to buy BTC!", then the story will indeed be exciting.
On the other hand, the big player BlackRock has also been busy, scooping up 21,294 BTC within five working days this week, spending over $2 billion. This makes us exclaim that they are indeed knowledgeable! However, the overall chip structure hasn’t changed much, and there are no signs of panic selling.
Instead, more Bitcoin prices are approaching the range of 98K to 99K. The simple translation from the Master is that at this price level, a large number of investors are jumping on board, with a total holding of over 714,000 BTC.
Moreover, there were only 880,000 BTC in total between the range of 87K to 96K, indicating that short-term investors are moving forward. As long as market sentiment does not crack, the likelihood of a significant pullback is low.
Speaking of which, the Master almost forgot to complain! I mean, the highest Bitcoin price of 99660 on the weekend, you can't say it's not a deliberate action by the market makers? Is it still the work of nature? It's not the peak that is messy, the peak is not messy! Everything follows the flow, don't panic at the peak, don't rush at the bottom～
