BTC: Bitcoin spot ETF had a net inflow of 2,211 BTC on May 22, with a total value of approximately US$154 million. This large-scale inflow of funds undoubtedly brought positive signals to the market. Bitcoin has recently broken through several important moving averages, including MA10 and MA60, showing a strong upward momentum. The MACD indicator shows that the DIF line and DEA line are approaching the zero axis, indicating that the market still has a certain upward momentum in the short term. The RSI indicator is currently at 67.48, close to the overbought area, but has not reached the extreme level, and the market still has a certain upside space. In the short term, Bitcoin still has the possibility of continuing to rise. Pay attention to the resistance level of US$70,000. If it breaks through, it will be expected to challenge higher levels. In the process of the bull market, long-term holding of the currency is still sufficient. $BTC