Military Advisor's Market Analysis: (Issue 101)
First, let's look at the liquidation chart. The direction has not changed. The market is still clearing upwards, with a target of 70,500. At present, Bitcoin has completely stabilized above 68,000. The bulls are gradually attacking upwards. Yesterday, it broke through 69,000 and tried. The next time it goes up, it is likely to break through with large volume and directly reach 70,000.
Let's look at Bitcoin K. The 68,000 pressure level is gradually being eroded, and the daily line has firmly stabilized above 68,000. The chips at this stage have been eaten up. The next chip gathering area is 70,000-72,000. It can continue to stabilize at 68,000 over the weekend. Bitcoin is in a steady state. There is a real probability of breaking through the new high trend next week. Important reminder: be cautious when shorting!
Bitcoin ETF had a net inflow of 273 million US dollars yesterday, setting a record of the best weekly in nearly 7 months since the high of 73,000 in March, with a weekly inflow of 2.132 billion US dollars. This week, we achieved 0 outflow, breaking the ETF's best weekly record on January 12. The data is very impressive, and it is obvious that the internal decision is unified.
The holdings are 40.2 billion US dollars, and they continue to increase holdings at new highs. I reproduced the first 69,000 emotions at that time. The market greed index is already 90, the holdings are at a record high, and the funding rate is all red.
The current situation is different from the original one. The holdings are at a record high, the funding rate is all red, the market greed index is 72, and the greed index is 18 lower. As I analyzed before, there should be a large wave of people who missed the opportunity and went to open shorts.
In summary, I came to a conclusion: it is not a peak signal at present. There is a high probability that a new market will start next week. Be sure to be cautious in shorting and look for opportunities to ambush some altcoins waiting to rise, waiting for the opportunity to explode!
