I recently came across some interesting data: Bitcoin's weekly net inflow reached $168 million, indicating a substantial amount of capital. At the same time, I noticed that some institutions are adjusting their positions due to quantum computing risks, which creates a notable contrast.
From the current market situation, BTC is trading around $95,194, with the RSI reading at 48.9, in the middle range, suggesting that both bulls and bears are still testing each other. There are several key technical points to watch: support remains at $93,290, resistance upward is at $97,097, and the $96,621 level can be seen as an important breakout point for a central pivot.
The long-term threat of quantum computing to cryptocurrencies does exist, but in the short term, on-chain capital movements still point to a positive outlook. Currently, market sentiment remains rational. If we can effectively break through the $96,621 threshold, the upward potential will be unlocked.
From a trading perspective, a relatively conservative approach is to maintain existing positions. Once the price stabilizes above $96,621, consider increasing positions gradually. At the same time, set a stop-loss—if support drops below $93,290, exit to prevent emotional trading and losses.
The coordination of supply-side data and capital flow, combined with the current technical pattern, provides quite sufficient reasons for short-term bullishness. However, the long-term threat of quantum computing remains a Damocles sword that requires ongoing attention. What are your thoughts on this market?
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AirdropHunterWang
· 16h ago
168 million net inflow sounds like a lot, but institutions are still hesitant and adjusting their positions. What does this mean?
Is quantum computing really that terrifying, or is it just another hype concept?
You need to stand firm at the 96621 level, or you'll be back to square one.
Just hold steady and avoid over-trading yourself.
The market looks rational, but I always feel there's an undercurrent surging beneath.
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GasBandit
· 16h ago
1. $168 million net inflow sounds good, but the fact that institutions are fleeing due to quantum risks really can't be sustained, right? The promised bullish outlook.
2. Can the 96621 barrier be broken? It feels like it's just a repeated test; the bulls aren't that determined.
3. The threat of quantum computing is a long-term issue, but right now it's mostly hype.
4. Stop loss if it breaks below 93290; it's easy to say but who can really do it in real trading? Hands tremble during big drops.
5. Positive capital flow expectations? But it looks like big players are still selling; data can be deceptive.
6. This wave of market movement feels like institutions are shaking out, retail investors are repeatedly educated, so I’ll just wait and see.
7. RSI at 48.9 in the middle, indicating nothing is certain. Building a position now is indeed a bit of a gamble.
8. The Sword of Damocles hangs overhead; who dares to hold a heavy position? I think reducing holdings is the better choice.
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gas_fee_therapist
· 16h ago
1.68 billion net inflow looks good, but with quantum computing suddenly rebalancing, I still feel a bit uneasy.
Anyway, it's stuck at 96621, can't go up or down, so it's boring.
As for the risk of quantum computing, it's actually institutions looking for excuses for themselves. If it was really coming, it would have already arrived.
The suggestion to stop loss at 93290 is actually reliable, much more dependable than those shouting about a surge every day.
Let's wait for a breakout; right now, it's a time-consuming game.
I recently came across some interesting data: Bitcoin's weekly net inflow reached $168 million, indicating a substantial amount of capital. At the same time, I noticed that some institutions are adjusting their positions due to quantum computing risks, which creates a notable contrast.
From the current market situation, BTC is trading around $95,194, with the RSI reading at 48.9, in the middle range, suggesting that both bulls and bears are still testing each other. There are several key technical points to watch: support remains at $93,290, resistance upward is at $97,097, and the $96,621 level can be seen as an important breakout point for a central pivot.
The long-term threat of quantum computing to cryptocurrencies does exist, but in the short term, on-chain capital movements still point to a positive outlook. Currently, market sentiment remains rational. If we can effectively break through the $96,621 threshold, the upward potential will be unlocked.
From a trading perspective, a relatively conservative approach is to maintain existing positions. Once the price stabilizes above $96,621, consider increasing positions gradually. At the same time, set a stop-loss—if support drops below $93,290, exit to prevent emotional trading and losses.
The coordination of supply-side data and capital flow, combined with the current technical pattern, provides quite sufficient reasons for short-term bullishness. However, the long-term threat of quantum computing remains a Damocles sword that requires ongoing attention. What are your thoughts on this market?