Click on the link to enter the meeting: https://meeting.tencent.com/p/7346281523 After fluctuating and washing back and forth last week, Bitcoin broke through 89000 again today. The several back and forth fluctuations in the range of 89500-85000 last week made people feel numb. It fell several times when it came up to 89000, and rebounded in the range of 87000-85000 when it went down. The significant fluctuations did not continue, especially for those who are chasing orders, which is unbearable. After consolidation, we have finally broken through the bottom of the triangle oscillation, and after stabilizing at 89000, we will continue the bullish trend. At present, the overall market trend in the first and fourth hours has formed a breakthrough upward trend, and the daily MACD has also changed from a dead cross in the previous two days to a bullish cross. This morning's rapid upward movement challenged the previous high of 89600. After the consolidation of the European market, the range continued to compress, but still rose slowly. Now we need to pay attention to the continuity in the future, that is to say, after breaking through, the Asian market will rise. As long as we stay above the morning's starting point of 88000 before 9 pm tonight, there are still many opportunities before and after the US market tonight. If we see a pullback, we will see more opportunities to break through at least 90000, 91000-92000. The focus of today's long and short positions is on 88000, which is the key position to continue after breaking through. Pay attention to the 9000-91000 area, especially the key position of 93000. Due to the large market base, the direction has been given to long and short positions, but the specific exit position and increase/decrease positions will be released internally later. Entering determines whether you can make money, leaving determines whether you can keep money. Tonight at 7 o'clock, let's have a good chat about the market layout and the next market trend. Tonight at 7 o'clock, Xiao Yihang will meet you in the Tencent Meeting live broadcast room. Fan group Seagull APP group number: 17847532 Seagull download link: http://t.cn/A6Jx8Yec Weibo account: Xiao Yihang BTC Tencent Meeting Live Number: 734-628-1523 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.

Binance Futures data shows that BTC prices have surpassed $87000, leading to mandatory short position liquidation. Analyst Amr Taha pointed out that forced liquidation usually forms a short-term resistance zone, while daily USDT transfer activity significantly decreases, indicating a weakening of liquidity momentum. （CryptoQuant）

Data from the past 12 hours shows that the main force has sold large orders with a cumulative transaction volume of $145 million, far exceeding the $89.98 million for buying large orders. The net outflow is as high as $54.74 million, with a buy to sell ratio of 1: 1.61, indicating a clear intention of the main force to short. Especially at the two time points of 16:16 and 14:18, the main force continuously smashed the market by over $22 million, directly suppressing the upward space of the price. At the same time, the current 1-hour cycle K-line has shown a flat top pattern, coupled with RSI entering the overbought area, and the pressure for correction has sharply increased. Although MACD shows upward momentum, the outflow of main funds may become a critical turning point. Proactively observe the main trend and accurately grasp the turning point of the market! Activate the real-time monitoring function for unlocking major orders as a member, helping you stay one step ahead! 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 expiration involves over 50% of Deribit's total open interest, with a bullish bias indicated by a put-call ratio of 0.38. What to know : The crypto market is preparing for the expiry of $27 billion of bitcoin and ether options on Deribit on Friday. The expiration involves over 50% of Deribit's total open interest, with a bullish bias indicated by call options outnumbering puts by almost 3-to-1. The market's panic has subsided, and the looming expiry is likely to be much orderly than last year, according to Deribit.

[CryptoQuant: Bitcoin Network Activity Cools Down, Bear Market Characteristics Emerge] CryptoQuant analysis indicates that the Bitcoin market remains in a bear market state, with multiple network metrics showing a cooling of activity. Bitcoin's 30-day moving average is below the 365-day moving average (-0.52%), the number of network transactions has decreased from approximately 460,000 to about 438,000, fees have dropped from $233,000 to $230,000, and highly active addresses have declined from 43.3K to 41.5K, suggesting reduced speculative activity. Analysts note that the current situation is similar to the 2018 bear market, but with a larger user base (approximately 800,000 vs. 600,000 in 2018), indicating structural resilience. Historical experience suggests that periods of low activity may precede higher volatility, and investors should pay attention to market changes.