BlackRock ran 2.24 billion in 10 days! Public companies are crazily buying 167,000 $BTC —who’s lying?

BTC is trading at 62,424, and the market is churning with hidden undercurrents. Lao Zhang breaks down the data for you.

Smart money is playing a game: the order book shows a dense cluster of buy orders around 62,435, with the main force propping things up. But after clearing the heatmap, it shows that below 62,000 is a densely packed short-liquidation zone—if it breaks, it will trigger a chain reaction.

On the news front: BlackRock’s ETF has seen net outflows for 10 consecutive days, totaling 35,980 BTC, about $2.24 billion—institutions are running. But within the year, listed companies have already net bought 166,984 BTC, more than 2 times the BTC mined during the same period—another batch is wildly accumulating. Bitdeer has held zero positions for 19 straight weeks; it sells as soon as it produces, and miners are distributing their coins.

Lao Zhang’s view: ETF outflows are short-term sentiment, while listed companies’ buying is a medium- to long-term layout. 62,000 is the last line of defense for longs—once it breaks, it will spark a wave of long liquidations. But the buying power from listed companies, averaging 912 BTC bought per day, should not be ignored—this is real bid support.

Lao Zhang’s trading suggestions:

Long: Aggressive—enter at the current price; Conservative—enter on a pullback near 61,500-61,800

Short: If it’s blocked near 64,500-65,000, consider entering

ETFs are selling, listed companies are buying—who do you believe? Lao Zhang chooses to believe in the net buying power of 912 BTC per day. But don’t take too heavy a position—leave yourself some room.

#gStocks代币化股票上线 #预测世界杯巴西VS挪威 $ETH