Let's first understand the market dynamics and major events in the cryptocurrency space.
According to monitoring by Lookonchain, after BTC returned above $100,000, a whale increased its holdings by 201.78 BTC (worth $20.33 million) 9 hours ago. Since November 24, this whale has accumulated 1,502 BTC (worth $152 million).
Although Bitcoin has once again broken through $100,000, the market still believes there is good growth potential for the price, so the whales continue to increase their holdings of Bitcoin.
Yesterday, Ethereum spot ETF saw a net inflow of $101.58 million, continuing a 13-day streak of net inflows. Yesterday, the U.S. Bitcoin spot ETF had a net inflow of $223.1 million, marking 10 consecutive trading days of net inflows.
Floki DAO has voted to approve a proposal to invest $300,000 to purchase MONKY tokens. This will bring some positive news for Floki!
A whale withdrew 20,565 SOL from Binance in the past 24 hours to buy AI16Z and GOAT.
The Trump family's crypto project World Liberty purchased $12 million worth of ETH, LINK, and AAVE in the past 9 hours.
Bloomberg: Expectations for a Fed rate cut have increased, and Bitcoin has once again broken through $100,000.
Analysis: Whales bought 210 million DOGE during the recent market downturn.
USDC Treasury has minted over 210 million USDC on the Ethereum chain this morning.
CryptoQuant CEO: MSTR's Bitcoin holding premium continues to decline, and the stock price and BTC are expected to stabilize and rise.
Slow Fog: Quantum computing is far from cracking Bitcoin private keys, so there is no need to worry about the security of Satoshi's private key for now.
Considering the above information, Bitcoin is unlikely to see a significant correction in the short term. After a period of consolidation and repair, it is still expected to break through $110,000 to $120,000. However, to prevent being caught in a liquidation spike with leveraged contracts, it is not advisable to be fully invested at this stage; it is better to reduce some positions at highs and reserve 40% to 50% of the position. This way, one can attack when possible and defend when necessary!
