#比特币市场波动观察 #市场调整後的机会？ The recent trend of Bitcoin is simply the suspense drama of the year. The ETF plunged by nearly 300 million magnesium in a single day. Logically speaking, this should be bad news, right? The result? It actually made great progress and almost broke through the $100,000 mark! This plot is so reversible that even the screenwriter wouldn't dare write it like this.

Don't rush to shout "I don't understand". Let me peel off the cocoon for you and find out how deep the water is behind you.

First of all, we still have to look at the technical aspects. Bitcoin stabilized its position near $92,000, and also drew a beautiful "reverse head and shoulders bottom", and the RSI also rose accordingly, all of which imply that the bulls are exerting their strength.

Recently, the activity on the Bitcoin chain has increased significantly, and the transaction volume has also increased accordingly. This shows that there is a lot of buying of real gold and silver in the market, and it is very likely that our retail investors are buying the bottom.

The main event is here. Where did the 300 million mg of ETF’s hard-earned money go? Is it really a collective run away from institutions? I'm afraid things are not that simple. Institutional bosses are playing a big game. They may just be adjusting their strategies and moving some funds from ETFs to other places, such as over-the-counter trading or more hidden derivatives markets. They had already mastered this trick of "building the plank road openly and crossing the Chencang secretly".

History is always surprisingly similar. During the big plunge in May 2021, institutions also evacuated on a large scale. What was the result? A few months later, Bitcoin hit new highs. Of course, this is just my personal speculation, just listen to it.

Sincere advice to all traders:

1. Keep an eye on the key point of 100,000 magnesium. If there is an effective breakthrough, you can consider chasing the increase appropriately.

2. Risk control always comes first! Don't be lenient when it's time to set a stop loss, and don't let temporary greed ruin the overall situation.