$BTC at a key turning point of $92,000! Sovereign funds are quietly bottom-fishing?
In the past week, $BTC fluctuated between $91,000 and $94,000, but the story behind it is not calm: BlackRock's CEO confirmed that several sovereign wealth funds are buying Bitcoin on dips; Charles Schwab may open direct trading before the end of next year, further opening the doors of traditional finance. Macroscopically, the Federal Reserve has ended quantitative tightening, and liquidity expectations have shifted, with BTC being viewed by institutions as a 'new safe-haven asset'.
However, there are also short-term powder kegs: 25% of holding addresses have fallen into losses, similar to signals at the beginning of the 2022 bear market; the CME futures premium has dropped to its lowest since the FTX collapse, indicating that large funds are bearish on short-term trends; Bitcoin spot ETF has also seen a rare single-day net outflow, breaking the record of continuous inflows.
Technically, contradictory signals are being transmitted: although the price is below several key moving averages, the MACD green bars have begun to shrink, indicating that the downward momentum is weakening. Both bulls and bears are fiercely contesting around $92,000, and the next key directional choice is about to appear.
In terms of operations, it is not recommended to chase shorts at the current position; the long-term fundamentals remain solid, but if it cannot stabilize at $93,000 in the short term, it may once again test support. If you choose to participate, please be sure to test with a small position and set a stop-loss close to the market price—market volatility is rising, and keeping ample cash will help deal with sudden market conditions.
This content is for information sharing only and does not constitute any form of investment advice; please participate with small funds, set strict stop losses, and keep sufficient funds on hand to cope with the ever-changing market conditions! #比特币VS代币化黄金 #美国讨论BTC战略储备