$BTC $NVDA ‌ $MU ‌$AMZN ‌$WEN ‌ BlackRock buys $239.30 million worth of Bitcoin and $239.30 million worth of Ethereum. Smart money continues buying

$MSFT $NVDA ‌$SOXS Bitcoin surpasses the $79,000 level. Ethereum recovers the $2,500 level. $30 million was liquidated from the cryptocurrency market within 60 minutes. $BTC $ETH

A new week, a new beginning. Good morning, everyone. How many of you were confused by Bitcoin and Ether’s “induced longs” last night? Today’s market move can be described as a textbook “pump-and-dump trap.” In the early hours, Bitcoin oscillated upward, with the bulls pushing hard toward the upper Bollinger Band and reaching the intraday high of 79384. Many people thought it was about to break upward, but what happened? Upward momentum quickly dried up, bears entered and crushed the market, and consecutive large bearish candles drove prices lower: first breaking below the upper Bollinger Band, then piercing the middle band, and finally plunging to the intraday low of 77565, giving back the entire day’s gains. The current price is around 77447, and Ether followed the same trend. Binge believes that the market signals from the early hours through the morning had already been apparent. First, after the price touched the upper Bollinger Band at 79384, it failed to continue rising with increased volume, while the BIAS indicator simultaneously surged to a high level, indicating that short-term bullish strength had already been heavily exhausted and that selling pressure above was substantial—this was a typical topping signal. Looking at the 1-hour chart, after Bitcoin broke below the middle Bollinger Band, the former support directly turned into resistance, and bullish defense levels were lost one after another, officially shifting the market from strong to weak. Bearish momentum then continued to be released, with a large bearish candle driving prices directly toward the lower Bollinger Band and setting a low, while the indicators entered short-term oversold territory. Looking back, this series of morning trend signals had already been provided to us. For morning operations, Binge believes that given the changing market conditions, the focus should be on going long. Bitcoin 77800–77300 long, target levels 78200–78600 Ether 2400–2380 long, target levels 2440–2460 #Gate7天净流入全球Top3 #Strategy股价突破135美元 #BTC重返81000美元