Bitcoin Ethereum Macroeconomics and Structural Games
BTC's recent market sentiment is complex, with prices repeatedly hitting important psychological levels and facing significant selling pressure. Compared to traditional safe-haven assets like gold, Bitcoin's short-term performance is relatively weak, but this type of fluctuation seems more like major funds are cleaning up their chips for future market conditions. On-chain data shows that the stock of BTC on exchanges continues to decline, circulation selling pressure is weakening, and high-net-worth funds are still quietly accumulating. The market supply structure is optimizing, gearing up for future value explosions.
Technical Aspects and Price Fluctuations
In the past 24 hours, BTC prices have fluctuated between 87051 and 90588, presenting a high-level consolidation and gradually retreating, with the current price around 87449 USDT. Approaching resistance at 88320, short-term risks need attention. The resistance range is 88320 - 89600; if the price breaks through, stop-loss measures should be considered.
Long-term Trends and Allocation Value
The mining cycle is difficult, and hash rate adjustments indicate that this is typically a sign of market bottoming out and the beginning of a new cycle. With expectations of the Federal Reserve turning dovish, global liquidity is expected to flow into the crypto market. BTC, as a scarcity anchor in the digital age, possesses immutable issuance discipline and the advantage of borderless settlement, and is gradually becoming a mainstream asset for allocation, serving as a core asset for the future smart economy and AI trading transformation. During the current volatile period, it is recommended that retail investors hold firm and wait for the market to break through. $ETH $BTC
