Loading...
BTC Market Update (Bullish Drivers) The clear legislation didn’t pass, but the SEC introduced a 5-year innovation exemption, allowing licensed platforms to trade tokenized U.S. stocks. BTC spot ETF saw a single-day net inflow of $433 million; price surged past $87K, triggering massive short liquidations. Whale Moves: Garrett Jin closed his long position, pocketing $8.38 million. Then immediately opened a 3x BTC short position! 500 BTC short, valued at approximately $43.23 million. Weekly chart confirmed a breakout above $82,800, signaling a bull market confirmation. Currently showing a 4-hour evening star pattern ➕ post-Wednesday U.S. visit, potential profit-taking might lead to a pullback. Watch for support at $83,600-$82,800 as a re-entry opportunity; stop-loss at $82,000. Current breakout analysis (Dow Theory + 123 Rule): True breakout: After breaking out, a small pullback to support followed by sideways consolidation to accumulate liquidity before another rally. False breakout signal: Long upper shadow, high-volume bearish candle breaking below $82,800, K-line reversal dropping back down.
