$77,300 USD for $BTC—are you getting on the ride or staying alert?

This morning it hit 77,467, and now it’s stabilizing around 77,300, up 1.66% in 24 hours. Since April, starting from 67k, it jumped 15%, and May opened with a big win. But don’t rush to call the market bullish—Bitcoin Conference 2026 is happening in Las Vegas. Arthur Hayes is shouting an end-of-year target of 145,000, the Defense Minister says they want to gain “Strategic Advantage of Bitcoin.” ETF inflows are back with 23.5 million—there’s too much good news to take in all at once.
But when you open your account, it feels like you haven’t really made much profit yet?
First, look at the surface: positive news is abundant, and prices are slow like a cow.*
In the last 24 hours, it’s up 1.66%—sounds fine? But do you know how many times it really jolted during this month, when prices have been slowly rising from 67,900? In the morning it dipped to the low and then rose to the high, breaking 76,500—now it’s trapped at 77,300. The MACD histogram is narrowing, RSI is 53, neutral but leaning bullish—technicals show: it can still go up, but don’t expect it to turn into a big move right away.
First: institutions are really buying.
Spot Bitcoin ETF inflows during April were 1.9 to 2.4 billion dollars, and total AUM has returned to 102 billion. BlackRock and Fidelity are the main players; as of 30 April, they added 23.5 million. A Canadian pension fund has already taken a large position in Bitcoin.
Second: the regulatory path is being layered.
The US Defense Minister directly calls for wanting to obtain “Strategic Advantage” in Bitcoin. A bill on the crypto market structure is being pushed forward. Back then, Americans saw Bitcoin as an enemy—now they want it to be an ally.
Third: the halving “bullets” aren’t all spent yet.
It’s been almost 2 years since the halving, and the new issuance each year is only 164,000. ETFs already hold more than 1 million BTC. Who’s selling? Miners—Riot Platforms just deposited 500 BTC into NYDIG. But who’s buying? Institutions.
On one side, there are institutional inflows, policy support, and an imbalanced halving supply.
On the other side, inflation is returning, the Fed stays silent, and miners keep selling.
The key position is 75,000—this is the bullish foundation.
For short-term traders: stay above 78,000, buy on dips, target 82,000 (the 200-day MA line), stop loss 75,800.
For long-term investors: buy gradually below 75,000; if it drops to 72,000, add more positions. Data from Delphi Digital shows—since 2016, the median returns of investments over a 5-year horizon are more than 8 times.
At this position, what people fear most isn’t falling—it’s being afraid to miss out when it rises, afraid of going back to zero when it drops, confused in the middle—and in the end, both fears get hit.
BTC’s movement is never smooth; it always comes in waves while you’re riding the vehicle.
What can get you back to breakeven isn’t how often you guess the tops and bottoms, but at the key level—are you willing to act, and can you hold on? #美国寻求战略比特币储备 $BTC