The pancake feels empty and lacking confidence. Major financial institutions like Bank of America, Vanguard, Charles Schwab, and Fidelity have officially opened or expanded investment channels for cryptocurrency products such as Bitcoin spot ETFs to some clients. Goldman Sachs has also been reported to plan to launch its first Bitcoin ETF for U.S. clients in December.

This represents a crucial step in the mainstream acceptance of Bitcoin by the traditional financial system, opening a massive compliant capital entry, which is the core driving force behind this round of rebound to $92,000.

Currently, the market has been consistently absorbing at high levels above $91,000. In the short term, there is increasing bearish fuel, and re-accumulation at high levels could potentially reach $94,000-$95,000 today. With solid risk management in place, as long as it doesn't break $90,000, there will be opportunities for a pullback, so one can consider exiting. Stop-loss is already set; continue to rest for a while and check again after waking up. 🙏$BTC