BlackRock withdrew 3,719 BTC from Coinbase in 9 hours, then deposited 1,701 BTC.

At first glance, there's buying and selling, but in reality, there's a net inflow of over 2,000 BTC! The withdrawal is real money buying in, while the deposit is likely an old-school wash trade. Essentially, it's position locking + hand-washing. There are fewer and fewer coins available to sell in the market—this isn't a crash, it's the prelude to accumulation.
Don't be scared by the "deposit," whale sharks are washing positions. The direction is only up.
Looking at the technical side.
The 4-hour MACD golden cross above the 0 axis with opening mouth upward, sustained volume expansion—real money pouring in. Pending orders show 75,700 buy walls like mountains, this is the main force's moat.
K-line stepping on moving averages steadily, extremely high control.
77,000 resistance? With current volume, it's just a sheet of paper, slight volume and it breaks through. Bulls control the situation, 77,000 is just a rest stop.
How should retail traders operate?
Core holdings: Don't move until the 5-day line breaks, 30-50% of positions stay put.
Pullback entries: Retesting 75,300-75,700 is an accumulation opportunity.
Don't chase or panic sell: The biggest risk this round isn't falling, it's getting shaken off.
My personal view:
Don't use ranging market thinking to trade! This is now an institutional-led one-way market. You see pressure at 77,000, the main force sees an accumulation zone. Once it breaks through, short positions blow up and directly touch 79,000.
Waiting for 72,300, 70,000 to pick you up? As long as BlackRock keeps net buying, deep pullbacks won't happen to wait for people.
There's only one direction—up. $BTC $ETH