Deutsche Bank plans to custody BTC and ETH, accelerating its digital asset business. The entry of a major traditional bank reinforces BTC’s status as a macro asset. My overall view is that the news is mildly positive, but the price action has yet to confirm a trend reversal. The current price is 81,578.7, down 0.1% over 24 hours, with trading volume of just 2.175 million. The light volume indicates that investors are largely sitting on the sidelines. Over the past four hours, the price is 5.67% below its high and just 0.86% above its low. The downward trend remains intact, but the price is close to a short-term bottom. The funding rate of 0.0068% is broadly neutral, and open interest at 31,000 coins shows no significant increase; bearish momentum is easing at the margin. The top-10 order book bid-to-ask ratio is 1.64, with 1,655 in bid orders versus 1,008 in asks, indicating stronger buying support at lower levels than selling pressure from traders chasing the downside. Strategy: consider going long at 81,235, with a stop-loss at 80,585 and a target of 82,365 to capture an oversold rebound. If the price meets resistance near 82,365, consider a small short position, with a stop-loss at 82,985 and a target of 81,345. Keep each position below 20% of your portfolio. Exit decisively if the stop-loss is hit; do not let losses run.

—Personal opinion only; this does not constitute investment advice. Wishing you successful trading.—

$BTC#Deutsche Bank plans to provide custody services for BTC and ETH, accelerating its digital asset business