$BTC has also refreshed the day’s high again, 86,462 USD, current price 86,279.
In the early hours of Asia, this wave didn’t turn back—it kept trading above 86,000. If the price wouldn’t come down, it means the orders being filled are all spot buy orders, not intraday spike bids. After the ETF capital flows in, the market structure has changed: the selling pressure is being continuously absorbed.
Pay attention to today’s U.S. stock market open trading volume for IBIT—that’s the signal for the second half.
In the early hours of Asia, this wave didn’t turn back—it kept trading above 86,000. If the price wouldn’t come down, it means the orders being filled are all spot buy orders, not intraday spike bids. After the ETF capital flows in, the market structure has changed: the selling pressure is being continuously absorbed.
Pay attention to today’s U.S. stock market open trading volume for IBIT—that’s the signal for the second half.