$BTC $USDC

The bullish trend has been pretty much washed out, and the love-struck mentality is back on.

This time, the big dog raked in over $1.8 billion in coins from June 2nd to 3rd, with the vast majority (over $1.5 billion) all in long positions. In the past 10 days, BTC spot ETF has seen a net outflow of over $3 billion...

And the source of it all might just be someone intentionally dropping the news: the dead bulls at MicroStrategy actually sold BTC, but here’s the kicker: just 32 coins ($2.5 million)... For their $59 billion valuation, that’s just a drop in the bucket. I get it, it’s definitely a smokescreen from other competitors. I’m going to go against the grain here and throw them a lifeline. I’m going to keep buying, heehee, now they’ll surely love me even more.

However, I’ve noticed that the big dog is more crisis-aware now, as a lot of suitors have run off to flatter tech stocks, even getting drawn in by the sexy allure of Victoria's Secret next door...

The big dog is once again testing the $63,000 resistance level, flushing out the shaky short-term holders... There are still bets being placed behind the scenes that it won't hold up against the pressure and will drop back down to $57,500, but thankfully the odds are only about 18%.