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The US stock market closed with a rise of 43 percent.
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AuspiciousSnowHeralds
· 2025-05-12 19:56
A wave of going long has wiped out more than half.
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ShowOff
· 2025-05-12 14:35
Fluctuation is large
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AuspiciousSnowHeralds
· 2025-05-12 14:01
Now it's the resistance level sell order to see how long it takes to consume, currently the market maker is also pumping, and the spot ETF is also seeing very little inflow.
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AuspiciousSnowHeralds
· 2025-05-12 13:43
Bitfi Report: Bitcoin Bull Market Returns
Odaily News reports that Bit has released a new report indicating that Bitcoin has returned to the $100,000 mark for the first time in over three months, demonstrating new strength, after previously falling 32% from the historical peak in January. Driven by macro favourable information such as easing trade tensions and a dovish shift in The Federal Reserve (FED)'s stance, Bitcoin's breakthrough corresponds with a broader shift in risk appetite, allowing it to outperform stocks.
Importantly, the momentum of funds continuously flowing into Bitcoin appears to persist, as reflected in the past two weeks where Bitcoin's actual market capitalization reached a historical high, with ETF inflows exceeding $920 million. On-chain data also confirms a significant decrease in the number of Bitcoin held at a loss, with over 3 million Bitcoins achieving profitability. Coupled with the rise in spot trading volume and institutional-led ETF fund inflows, Bitcoin is currently standing on a solid structural foundation. As long as the macro environment remains supportive, any short-term declines are likely to be quickly absorbed, thereby reinforcing the upward trend and placing BTC in a favourable position, with the potential to set new highs.
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