This month, it entered the next sentence, rising for three consecutive weeks, with key positions repeatedly tugged back and forth this week. Mainly affected by information, the market changes rapidly; previously, it was because Trump released positive news to boost oil and cryptocurrencies, now Iran is also internally divided. The Ministry of Foreign Affairs just said to prepare for judgment, but after more than ten minutes, the Revolutionary Guard said there would be no negotiations. One wave after another, the market fluctuates up and down. Yesterday's daily K recovered the Sunday’s bearish K, with the daily chart leaning towards a bullish trend, but the cycle is bearish. Today's direction is unclear, with resistance above and support below both unbroken.


Bitcoin: The market is volatile, direction unclear. Although BTC spot ETF saw a net inflow of about $996 million last week, the best performance in months; Strategy(MicroStrategy) recently increased holdings by 34,164 BTC, indicating strong institutional buying. However, perpetual contract funding rates are declining, CVD turning negative, showing traders are paying premiums to short; open interest in BTC futures has increased but leans toward short accumulation.
S18L ‘8ESLL '0009L: Wang 007L-0007L'00E52-000SL
Second Bitcoin: Range-bound, waiting for a trend reversal. The 50-day buy-sell ratio touched a multi-year high of 1.018, with buy orders favored; the 4-hour chart maintains an upward channel, currently seen as a healthy correction. Overall, weaker than Bitcoin. From yesterday to today, the second Bitcoin has been under pressure; Bitcoin is in a support state. The cycle is also inconsistent, making it difficult to form a consensus in the short term.
Support: 2300, 2250-2270, 2200-2230; Resistance: 2350, 2400
3011
BTC0.13%
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