BlackRock’s Bitcoin ETF: Bearish Sentiment in IBIT Stays Strong for Two Straight Months

Click on the link to enter Tencent Meeting: https://meeting.tencent.com/p/4763358206 Good evening, I am Jiuye. It has been 73 days since I promised everyone my short-term strategy from July 18th to September 23rd. I have made a total of 179 strategies, including taking profits and exiting 168, and stopping losses 11. The winning rate is still good, and the profit loss ratio has gradually stabilized after the strategy adjustment! I will persevere, give me some time, lead you back to the peak, the days of short-term trading, I am not alone From the technical perspective of Bitcoin, the current downward trend pressure point has been reduced to around 117000, the downward trend support point has been lowered to around 103000, the upward trend support has been raised to around 111800, and the upward trend pressure has been raised to around 118000. The short-term rebound suggests that the 114000 pressure breakthrough may be a second attempt to test the downward trend pressure From the perspective of Ethereum technology, the triangular oscillation trend support point 4360 fell below and rapidly dropped to around 4070, testing the most critical triple support point to support the rebound. If the current rebound at this position breaks through 4300, it may form a parallel downward triangular oscillation, with the low point 4060 remaining unchanged and the high point trend pressure continuously decreasing. This pressure is currently around 4600 TG fan group: https://t.me/HanBingHBJX Member group contact assistant Weibo exchange base: https://weibo.com/u/5413837739 Youtube will provide daily updates on Bitcoin and Ethereum market analysis. Please subscribe to my Youtube account: https://youtube.com/ @Bitcoinliangge Official QQ fan group: 958 918 525 Tencent Meeting Number: 476 335 8206 Weibo: Xi Jiuye fights against the Heavenly Way Join the member group and contact the community assistant on Weibo: https://weibo.com/u/5413837739 Be sure to join the Telegram group and subscribe to the Telegram channel. Open a group with over 1000 people! TG official group: https://t.me/HanBingHBJX TG Official Channel: https://t.me/JiuXiHBJX TG Beauty Assistant: https://t.me/btc91111 Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.

OKX-BTC/USDT is currently trading at $113005, with a 5-minute increase of 0.05%. Please be aware of market fluctuations.

[Bitcoin Implied Volatility Hits New Low for 2023, Market May Be Poised for a Major Breakthrough] Analysis from XWIN Research indicates that Bitcoin's implied volatility has dropped to its lowest level in 2023. Similar low volatility was observed before Bitcoin surged from $29,000 to $124,000, sparking concerns about potential sharp market movements. Data from CryptoQuant further supports this view: exchange reserves are near multi-year lows, suggesting a tightening supply of Bitcoin available for sale; the MVRV ratio is in a neutral range, indicating stable investor sentiment with no signs of panic selling or significant profit-taking pressure; funding rates remain balanced, with no clear bias in the derivatives market. Overall, the market is in a "wait-and-see" mode, and the subdued implied volatility may signal an imminent decisive move. Historical experience suggests that such calm periods are often short-lived.

From the perspective of member exclusive large transaction indicators, the main net inflow in the past 12 hours was $2.8 million, with a total buying amount of $19.83 million, significantly higher than the selling amount of $17.02 million, showing a long trend. However, in the latest 1-hour cycle, there have been over 1 million large market sell orders, indicating clear signs of suppression, echoing the bearish signals of the K-line pattern and the flat top, suggesting that short-term pressure may be exerted. The current price is below EMA52, and KDJ has entered the overbought zone after a dead cross. Beware of the risk of a pullback. The large transaction indicator accurately captures the main trend and helps you plan ahead. Open membership immediately and get ahead of the main capital flow! The data is sourced from the PRO member's [BTC/USDT Binance 1-hour] candlestick, for reference only, and does not constitute any investment advice.

[The Scale of Cryptocurrency Treasury Reaches $105 Billion] According to a report by Coin Bureau, the total value of digital assets held by publicly listed companies and funds has now reached $105 billion, as reported by Jinse Finance.