黑哥BTC

$BTC
Personal investment in cryptocurrency is actually against public order and good customs... Now I understand, it's not that the university doesn't allow cryptocurrency trading, but rather that they are afraid we might lose everything, showing their love for us 😄 Look at this market, even a dog passing by has to tuck its tail and shake its head to walk away.

This round of decline has indeed exceeded my psychological expectations. I originally saw 75000, but I didn't expect such a steep drop on the evening of the 5th. Compared to a real black swan event—when Bitcoin's daily drop was only about 20%—after a spike, it often quickly rebounds—this round has dropped from 97900 all the way down to 59000, close to a 60% decline, the trend is even more grueling.

Currently, the resistance for a rebound is at around 74000. If it can effectively break through and stabilize, we can still consider rolling over operations.

The decline of BTC reflects a loss of market confidence rather than a collapse of market structure. The three main factors leading to the decline are the continuous outflow of institutional funds, the decoupling from traditional market anchors, and the weakening of regulatory momentum. The current stage is a reset of the market, testing whether Bitcoin can surpass belief-driven rallies and regain support from regulators and institutional capital. Institutional selling pressure is a direct source of pressure; since October of last year, there has been a continuous net outflow of funds from the U.S. spot Bitcoin ETF, with outflows exceeding $7 billion in November and around $2 billion and $3 billion in December and January, respectively. Trading volume has shrunk accordingly, making prices more susceptible to violent fluctuations. Delays in regulatory progress have also intensified market volatility. This round of spot trading has already been trapped by 15 points; I am prepared for the cold winter. To think about returning above 120,000, we have to see September...

$BTC This market is extremely fearful, and these companies are continuously increasing their holdings. BlackRock has absorbed the selling pressure from several other ETFs, and MicroStrategy is also increasing its holdings, gathering the chips that retail investors cannot hold into its own hands! Follow the top institutions, please do not sell your Bitcoin, I need to support my lover 💝😭 I hope this government shutdown in the United States will also help Bitcoin successfully establish a bottom at 74000!

First time on the live broadcast monthly list, thank you @牛熊大壁虎-回归版 thanks to all the loving fans... Let's keep it up in February... Thank you @币安广场 @CY005