What has been happening in the market recently

1 BlackRock bought 993, 2358, and 6798 units on the 18th, 19th, and 20th respectively, showing a continuous inflow trend.

2 Microstrategy After several days of significant increases, its market value has reached $96 billion, with the BTC it holds valued at $30 billion, and it plans to issue $2.6 billion in notes to continue buying.

At the current price, it could sell for about $27,000.

3 BCH has seen a rebound, with a single-day increase of nearly 20%, and LTC has also risen by 8% to $90.

BTC also saw an effortless rise during the day on the 21st, reaching a high of $97,852. It can be said that reaching $100,000 tonight is almost not difficult.

The focal point of the entire BTC market lies with BlackRock and Microstrategy. These two institutions are currently lobbying for the establishment of a BTC national reserve in the United States... creating a new narrative for a rising trend.

The current market focus is on the $100,000 threshold. Everyone, even the most steadfast bears, will likely admit that breaking through $100,000 is a matter of the next day or two, or even a few hours.

Can BlackRock and Microstrategy really achieve a state of only consuming without any outflow?

And is it true that BTC can stand firmly at $100,000 without needing any correction?

Currently, the perpetual funding rate for BTC has returned to a neutral level of 0.0001. What will happen next? We shall see. #BTC何时突破10万？