#比特币突破5月高点逼近8.6万美元 1 a.m. disk wash—BTC pulls from $81K to $87K+ within 24h, pokes then gets bought up, and hangs there, wobbling around the resistance level.
🗣️ Honestly, seeing the 87K area has me a bit split.
In the morning I was worried that 81K was the opening of a new leg of downside drift, but it got hard pulled back during the day. This kind of "wick → pullback" script hasn’t appeared since late August. But last time it surged into 87K, volume was 1.5x what it is now.
Institutions keep buying. Strategy added another 950 BTC; Tom Lee’s BitMine swept 27,562 ETH in one shot—about $75 million. But the price isn’t going crazy—supply is changing hands; it’s not a pump.
Here are the few points that make me hesitate:
① LBTC (being promoted by BlackRock / Binance / Bitwise / Lombard, etc.)—this "BTC yield" mechanism is increasingly looking like ETF 2.0. Before the September FOMC, if the ETF channel brings more news, don’t be surprised—that’s the main dish.
② AMD breaks the $1T mark, and SpaceX puts out Grok 4.7. The AI compute theme is still pushing higher, but the degree of decoupling from crypto is increasing. Compute heat ≠ on-chain heat.
③ Arthur Hayes says, "I basically don’t look at BTC technical indicators." That sentence itself is a technical indicator—when shorts are comfortable, nobody challenges the technical camp.
④ HPC backs Hyperliquid to backstop CME—it's a slow variable, but the regulatory boundary for DeFi derivatives is loosening.
In short: crypto sentiment isn’t cold right now; price action isn’t strong; the main theme is scattered.
What’s it suitable for?
Position management—not guessing direction.
⚠️ Risk disclaimer
Not trading advice. Crypto assets are highly volatile; please assess any overnight positions yourself. Institutional accumulation data comes from publicly compiled news, so there may be interpretation bias. The $87K level is short-term resistance; without a breakout, it doesn’t constitute confirmation of a trend reversal.
【Risk summary】
• Until $87K resistance is confirmed broken, don’t treat it as a trend reversal
• Institutional accumulation ≠ retail buying; price reaction may be delayed or decoupled
• LBTC / ETF channel is subject to regulatory policy changes and could shift quickly
• The AI compute mainline’s correlation with the crypto market is decreasing; switching the mainline must be done cautiously
🗣️ Honestly, seeing the 87K area has me a bit split.
In the morning I was worried that 81K was the opening of a new leg of downside drift, but it got hard pulled back during the day. This kind of "wick → pullback" script hasn’t appeared since late August. But last time it surged into 87K, volume was 1.5x what it is now.
Institutions keep buying. Strategy added another 950 BTC; Tom Lee’s BitMine swept 27,562 ETH in one shot—about $75 million. But the price isn’t going crazy—supply is changing hands; it’s not a pump.
Here are the few points that make me hesitate:
① LBTC (being promoted by BlackRock / Binance / Bitwise / Lombard, etc.)—this "BTC yield" mechanism is increasingly looking like ETF 2.0. Before the September FOMC, if the ETF channel brings more news, don’t be surprised—that’s the main dish.
② AMD breaks the $1T mark, and SpaceX puts out Grok 4.7. The AI compute theme is still pushing higher, but the degree of decoupling from crypto is increasing. Compute heat ≠ on-chain heat.
③ Arthur Hayes says, "I basically don’t look at BTC technical indicators." That sentence itself is a technical indicator—when shorts are comfortable, nobody challenges the technical camp.
④ HPC backs Hyperliquid to backstop CME—it's a slow variable, but the regulatory boundary for DeFi derivatives is loosening.
In short: crypto sentiment isn’t cold right now; price action isn’t strong; the main theme is scattered.
What’s it suitable for?
Position management—not guessing direction.
⚠️ Risk disclaimer
Not trading advice. Crypto assets are highly volatile; please assess any overnight positions yourself. Institutional accumulation data comes from publicly compiled news, so there may be interpretation bias. The $87K level is short-term resistance; without a breakout, it doesn’t constitute confirmation of a trend reversal.
【Risk summary】
• Until $87K resistance is confirmed broken, don’t treat it as a trend reversal
• Institutional accumulation ≠ retail buying; price reaction may be delayed or decoupled
• LBTC / ETF channel is subject to regulatory policy changes and could shift quickly
• The AI compute mainline’s correlation with the crypto market is decreasing; switching the mainline must be done cautiously