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🔥 Air Force, can you still sleep 🌚?
Honestly, when I first saw this data, I was also shocked 🍒!
Everyone knows that last month Bitcoin $BTC rose about 12%, staying steady at $78,000 🥓.
But just as everyone thought Bitcoin was consolidating, the most terrifying scene has quietly occurred 💀.
📊 Just remember these two data points:
BTC spot CVD surged directly to 199.1% within a week!
On May 1st alone, $121 million in short positions were directly liquidated.
See that? This wave of main players didn’t rely on futures tricks at all, they’re all in real money spot buying.
It’s obvious they’re heading for the next key level. The short-term resistance is around $78,000 to $80,000, but I really don’t believe it will drop; there are plenty of buyers below.
In April, ETF inflows totaled $1.97 billion, and MicroStrategy alone bought another 34,164 BTC in one week. This institutional buying speed,
does it look like they already know the script in advance?
---
🐕 By the way, a quick mention of Dogecoin $DOGE and Ethereum
Elon Musk, in court, on one hand said most cryptocurrencies are scams, on the other hand said Bitcoin, Ethereum, and Dogecoin have value, and even listed their real-time tags on X platform.
The most interesting part is Dogecoin on-chain data — the top 149 addresses now hold over 108.5B DOGE,
equivalent to about $11.6 billion, hitting a record high.
Ethereum $ETH shows a different scene: on-chain data indicates ETH exchange supply ratio plummeted, but the price hasn’t formed a corresponding bottom structure,
Analysts believe "historical patterns show that such divergence usually resolves through price declines."
Additionally, the Ethereum Foundation sold 10,000 ETH in the past week.
When institutions are frantically accumulating, the Foundation chooses to sell in batches — this kind of divergence is very common.
---
🎯 Here’s some practical info: keeping it simple is the most important 🍀
Michael van de Poppe explains it very clearly,
Basically: Bitcoin doesn’t need a new reason to go up; once the price rises, the reason will naturally be found.
Recent signs of Bitcoin’s support are quite obvious, hiding a large amount of capital that refuses to sell at the market’s deepest points.
Those who were afraid of a drop might all be proven wrong. Michael Saylor recently said,
“Winter is over,” which might really not be just empty words. 🌸
Same old story: bull markets often start when most people are still hesitating; by the time you fully understand, the price is already moving.
Do you think this wave is a real breakout or a fake move? Share your thoughts in the comments.
#以太坊基金会两周出售$4700万ETH #玩转策略 #波动雷达:币种异动观察
(The above content is for sharing only and does not constitute any investment advice. DYOR.)