BTC holds steady at $105,000: Institutions sweep up $162 million, but breaking through $108,500 still depends on incremental growth.

[Crypto World] Recently, the crypto market has finally calmed down a bit. Bitcoin is stable above $105,000, and Ethereum has also held around $3,550, with the entire market cap swaying at $3.6 trillion.

To be honest, this wave of stability hasn't come easily. The macro environment isn't as noisy anymore, and liquidity is slowly improving. The key point is that institutions are starting to get serious—players like Strive have directly invested $162 million to buy up assets, clearly aiming to stockpile coins in the spot market.

Market sentiment is also changing. The previous panic has dissipated, and now everyone is quite calm. Spot trading volume has increased, while leverage is actually declining. This is a good thing, indicating that funds are flowing towards solid directions.

On the policy level, there is also some confidence; the U.S. has issued new guidelines for crypto staking, and there is a possibility of restarting economic plans. However, to break through the $108,500 threshold, the current speed of capital inflow might not be sufficient. It depends on whether the subsequent incremental funds can keep up; otherwise, the price is likely to stay within this range for a while.