“Strategy: buy back BTC; multiple treasury accounts increase holdings simultaneously.” This suggests institutions are still accumulating, but CL is falling while not following the rise, indicating it is not the current preferred allocation for funds. Don’t bottom-fish based on news—discipline comes first.

Down 4.6% over 24 hours. Current quote is 89.78. The 1-hour and 4-hour charts are both in a downtrend, and the distance from the lows is only 0.89%, suggesting the bearish momentum hasn’t been fully released. Funding rate is 0.0000%, open positions are 463,000, and sentiment is neutral to bearish. In the order book, the buy/sell ratio is 1.03: buyers have the edge, but they can’t hold the price up. For any rebound, first watch resistance around 94.71; if it breaks below 88.56, downside room will open up.

In strategy, when the price rebounds to 90.85, consider shorting with a stop-loss at 92.35 and a target at 87.95. If the market volume increases and it reclaims 91.60, then consider a short-term long, with a stop-loss at 89.40 and a target at 93.75. Risk per trade should not exceed 5%. If a level is broken, the stop-loss must be strictly enforced.

——For personal views only and does not constitute investment advice. Wishing you a smooth trade.——

$CL#Strategy purchases more BTC; multiple treasure troves have increased holdings in sync