BTC is holding firm above $78,000 after a 1.8% daily gain, backed by steady institutional accumulation from names like Morgan Stanley 🏦 Short-term technicals look constructive with aligned moving averages and a positive MACD, but the setup is fragile with $1.78B in long liquidations clustered below $75,222. The elephant in the room is the upcoming Fed decision, where an 86% probability of a 25 bps rate hike could pressure risk assets across the board. Capital rotation signals are also emerging, with weekly spot ETF outflows exceeding $460M as some funds drift toward altcoins 🔄 For now the trend is up, but leverage concentration makes this a market where position sizing matters more than conviction.
