Institutional investors continue to increase their positions in Bitcoin. Strategy purchased an additional 950 BTC for $75.7 million at an average price of $79,670, bringing its holdings up to 846,000 BTC.
At the same time, Strive acquired 1,355 BTC worth $107.7 million, raising its reserves to 26,355 BTC.
The activity of large players is visible on the daily charts. $BTC broke above the $85,000 mark and set a new high at $85,473. The RSI indicator rose above 83 points, signaling local overbought conditions, but the high trading volume suggests buyers’ strength is still holding.
$ETH mirrors market movement, rising to $2,733 with a 5.9% daily increase. The RSI for ETH also exceeded 80 points.
The current elevated oscillator readings may trigger a temporary consolidation, but ongoing capital inflows from companies support a strong uptrend.
At the same time, Strive acquired 1,355 BTC worth $107.7 million, raising its reserves to 26,355 BTC.
The activity of large players is visible on the daily charts. $BTC broke above the $85,000 mark and set a new high at $85,473. The RSI indicator rose above 83 points, signaling local overbought conditions, but the high trading volume suggests buyers’ strength is still holding.
$ETH mirrors market movement, rising to $2,733 with a 5.9% daily increase. The RSI for ETH also exceeded 80 points.
The current elevated oscillator readings may trigger a temporary consolidation, but ongoing capital inflows from companies support a strong uptrend.
