ChangyangBit

Last week on Strategy, bought 13,927 Bitcoin, spending about $1 billion, with an average price around 72k. This is also the fifth time this year that the purchase has exceeded 10,000 coins.
The old guy's total holdings reach as high as 780k coins, nearly 4% of the total market. Many still see Saylor as a crazy gambler, but Saylor is playing an extremely sophisticated enterprise-level arbitrage:
Using the liquidity premium of the U.S. stock market, continuously issuing bonds and new shares (printing his own currency) to drain a hard asset with an absolute fixed supply. Then he creates a “BTC Yi

【BTC】
Bitcoin cleared previous high liquidity over the weekend and, combined with news sentiment, dumped the market, possibly forming a third relay pattern here. The adjustment strength will be much greater than the previous two times, at least the support level established last week on the 1-hour chart cannot hold.
Currently, the 69-73k range is highly divided, and a clear trend will only emerge if one side breaks through convincingly; otherwise, it remains volatile. Coupled with this volume contraction, the intraday upside potential is very limited, and there's no need to chase a rebound;
Th

【BTC】
Since the volume breakout this week, it has been consolidating at a high level for about two days, leading to some subtle changes in the pattern, which can be generally divided into two phases of oscillation followed by an accelerated rebound, with the second phase showing a noticeably weaker momentum.
The small-scale structure projection may follow the attached diagram:
Currently, there are no good long opportunities in the short term, after all, from the day before yesterday when everyone bought the dip at 708 up to the high of 731, exceeding 2,000 points, which is enough for thi

【BTC】
Bitcoin's current pattern is secondary; fundamentally, it is leveraging the ceasefire news to accelerate the liquidation of the 70,000 accumulated positions. After the initial surge, it will take some time to digest. The next resistance is the selling pressure from previous trapped positions, which has moved up to around 73-74k (the first rebound high since the daily downtrend). In the short term, a pullback below 71k should be prioritized for trading, while maintaining the expectation of a new high or second-high point. Do not rush to short.
The structure has basically completed the bul