[Coin World] Recently, the market for Bitcoin has been truly unpredictable. A certain asset management giant suddenly listed a spot Bitcoin ETF from a leading institution on the platform, allowing clients with a total volume of 11 trillion USD to directly get on board for trading. Furthermore, the Fed has hinted that quantitative tightening is nearing its end, and the market is also speculating on Trump’s friendly policy approach towards crypto assets, creating a very tense atmosphere.
The technical side shows that BTC is already oversold, and the mining cost is stuck around $71,000 supporting it, but the price is still being pulled between short-term selling pressure and long-term institutional funds. In simple terms, it's unclear in the short term, but there may be large funds supporting it in the long term. This operation really tests patience.
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FloorPriceWatcher
· 7h ago
The institutions getting on board this time, it seems we still have to see who blinks first.
With such short-term fluctuations, those who are anxious have all been played people for suckers.
Are the big funds really there to support, or is it just talk?
The key is whether this line at 71,000 can be held.
The policy cards have all been played pretty much, the real test is yet to come.
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OnlyOnMainnet
· 7h ago
Institutions are really coming in, let's see who can hold out this time...
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11 trillion entering the market, still messing around in the short term, it's a bit funny
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Damn, it's another tug-of-war, when will it be able to run
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7.1 mining cost this line is being defended, institutions aren't going to cut quickly
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With the Trump card played, things are about to get crazier
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If you can't see clearly in the short term, don't act recklessly, patiently wait to see how large investors move
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Two forces are clashing, retail investors are just cannon fodder...
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Oversold is oversold, but I haven't seen any real large orders coming in yet
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This time is different, a trillion-level client base isn't something to be taken lightly
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Is quantitative tightening at the bottom? I only see market data speaking.
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MetaverseHermit
· 7h ago
Institutional investors should buy the dip when entering the market, but they still need to wait for it to fall below 71,000 before they dare to act.
This wave really tests the mentality; if you can't see clearly in the short term, don't make reckless moves.
With a customer volume of 11 trillion dollars... if they all come in, it would likely be another whipsaw.
The ETF listing should have happened a long time ago; it's a bit late to come now.
Policies are being speculated back and forth, but the key still lies in how large funds are positioning themselves.
With such strong short-term selling pressure, it feels like we haven't hit the bottom yet.
If it's a long-term support, this position should be able to accumulate quite a bit of chips.
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CryptoGoldmine
· 7h ago
The entry of 11 trillion in customer volume is indeed eye-catching. But to be honest, those frequently making moves due to short-term fluctuations are just paying transaction fees to the exchange.
From the growth curve of the Computing Power network, the mining cost line of $71,000 is the true support level, more honest than the Candlestick chart.
Institutional support is a fact, but don't overestimate their patience. Just look at the ROI data of my Mining Rig over the last 30 days to know that the current Computing Power yield ratio has returned to a relatively optimized range.
Rather than guessing the short-term direction, it's better to focus on the Difficulty Retargeting cycle. The competitive landscape of Computing Power in the next cycle will determine the true price bottom.
Trump's friendly card? A good story, but the on-chain data will be more honest than expected. Right now, it's still important to focus on improving Computing Power efficiency, rather than being swayed by policy directions.
Can't sit still due to short-term fluctuations? The real test is not patience, but the depth of your understanding of the fundamentals.
Bitcoin is experiencing severe fluctuations amid institutional get on board and policy expectations.
[Coin World] Recently, the market for Bitcoin has been truly unpredictable. A certain asset management giant suddenly listed a spot Bitcoin ETF from a leading institution on the platform, allowing clients with a total volume of 11 trillion USD to directly get on board for trading. Furthermore, the Fed has hinted that quantitative tightening is nearing its end, and the market is also speculating on Trump’s friendly policy approach towards crypto assets, creating a very tense atmosphere.
The technical side shows that BTC is already oversold, and the mining cost is stuck around $71,000 supporting it, but the price is still being pulled between short-term selling pressure and long-term institutional funds. In simple terms, it's unclear in the short term, but there may be large funds supporting it in the long term. This operation really tests patience.