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80k USD Barrier Battle: Who's Buying This Time?
Many people only look at the price but ignore a key question:
Who is buying?
If it's just retail investor sentiment driving it, then the trend is hard to sustain;
but if institutional funds are taking over, then the story is different.
Currently, the market looks more like "structural buying":
not frantic chasing of the highs, but gradually accumulating.
That's also why the rise isn't particularly violent, but steady.
The characteristic of this kind of market is—
slow, but going far.
To sum up in one sentence:
It's not who buys the most that determines the price, but who is unwilling to sell that determines the trend. #比特币ETF期权持仓限额增4倍