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$400M liquidation triggers major market sentiment reversal! Bitcoin reclaims $71K level, Middle East peace + institutional accumulation, are altcoins' spring days coming?
I. Bitcoin ETF has recorded multiple weeks of positive inflows since March, with single-week inflow exceeding $1.47B.
II. Strategy buying non-stop: Purchased 17,994 BTC around March 9th, total holdings reached 738,731 BTC (average cost approximately $75,862). Q1 purchases exceeded 89,618 BTC, marking the largest quarterly purchase since Q4 2024, becoming a "textbook" example of institutional spot buying. This perfectly aligns with what Sao Ge mentioned about the best spot opportunity in nearly 2 years!
III. Whale accumulation accelerating: Over the past 7 days, whales (10-10,000 BTC range) have net purchased over 40,000 BTC, controlling approximately 25% of circulating supply. Wallets holding 1,000-10,000 BTC have rebounded to 3.204M BTC, with accumulation speed hitting new highs since 2024. Even as price oscillates between $69K-$71K, continuous withdrawals from exchanges continue.
All signs indicate that if you have spare capital, this is absolutely the perfect moment to build positions!
BTC
Support: 67650/64050/59800
Resistance: 75475/84000
Yesterday's Bitcoin was $200 away from the first entry point of 68600, the dog whales were too cunning. Today continue watching for pullback opportunities to last night's low point, observe volume-price relationship to decide whether to enter!
ETH
Support: 2015/1915
Resistance: Tentatively 2225
Intraday focus on whether 2133 to 2105 range will pullback again to confirm support, strategy same as Bitcoin!
After last night's intense volatility, indicator recovery is more complete, currently 1h/2h/4h about to converge, pullbacks still favored for long positions!
XAU didn't short last night, equivalent to a second bottom test, directly soaring 200+ points without looking back, no chance to board this train!
Last night made 2 consecutive CRCL trades, got squeezed by dog whales for 3 points of space, need to reflect on this, must stay steady going forward. While we cannot control market movements, we can continuously refine our mindset and position sizing—we can only ever change ourselves!
Operations: Bitcoin and Ethereum pullbacks continue going long, XAU continue not shorting today, WIF was scared out of position by CRCL last night, small profit no loss!
Recently altcoins flying around chaotically, if there are altcoins with good movements you can recommend to Xiang Ge, Xiang Ge gives you full-dimensional analysis to help you master the dog whales! #以太坊L2叙事再升级 #国际油价下跌 $BTC