Bitcoin has risen by 1.37% in the past 24 hours, surpassing $96,316.27, with the market showing a rollercoaster of sentiments.



On the positive side, continuous inflows of institutional funds are providing strong momentum for BTC. Morgan Stanley recently filed ETF applications for Bitcoin, Ethereum, and Solana, while Grayscale also submitted exploratory applications, indicating that regulated crypto asset access is significantly opening up. Meanwhile, the US spot Bitcoin ETF recorded a net inflow of $753 million on Tuesday, as investor confidence rebounded after four consecutive days of outflows.

Mainstream financial institutions are also accelerating their embrace. Germany’s second-largest bank, DZ Bank, received MiCAR approval and is about to launch a cryptocurrency platform supporting BTC, ETH, LTC, and ADA. This suggests that major European banks are gradually accepting the digital asset ecosystem.

However, risks also exist. On the technical side, the MACD histogram over the past seven hours has continued downward, dropping sharply from a positive value of 25.02 at 08:00 to a negative 201.01 at 04:00, indicating a clear weakening of short-term bullish momentum. More concerning is the capital flow—approximately $17.8 million net outflow within 24 hours, especially large outflows in recent hours, hinting at increasing selling pressure.

Macroeconomic uncertainties are also dampening market sentiment. Mixed inflation data, upcoming corporate earnings reports, and tense geopolitical situations have made traditional markets generally cautious. The bond market expects the Federal Reserve to delay rate cuts until mid-2026, while Chinese economic data show signs of weak domestic demand.

Community opinions on Bitcoin’s outlook are divided—some firmly believe $200,000 is an inevitable outcome, while others focus more on the short-term opportunity to break through $100,000. Overall, BTC is currently caught between institutional optimism and technical weakness, and further observation of Federal Reserve policies and macroeconomic developments is needed.
BTC1,69%
ETH1,82%
SOL0,04%
LTC-3,94%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
DegenWhisperervip
· 5h ago
Institutional entry is a good thing, but the recent plunge in MACD is really hard to hold up... Still optimistic about the outlook, but we need to stay cautious.
View OriginalReply0
MissedAirdropAgainvip
· 6h ago
Institutional entry is indeed attractive, but that MACD straight plunge really can't hold up anymore.
View OriginalReply0
DaoGovernanceOfficervip
· 6h ago
tbh the macd divergence here is textbook—data literally screams mean reversion incoming, but everyone's obsessing over morgan stanley larp instead of the $17.8M outflow that's the *real* signal. institutional fomo doesn't patch technical breakdown 🤷
Reply0
HodlKumamonvip
· 6h ago
MACD dropping so quickly, it feels a bit weak in the short term... but institutions are buying, so let's just dollar-cost average, bullish believers. Big institutions are submitting applications one after another, even German banks are here, this pace... Europe is starting to embrace it too. A net outflow of $17.8 million is a bit annoying, but looking at it from another angle, isn’t this just a good time to dollar-cost average(◍•ᴗ•◍) The 96k level is a bit awkward to hold... in the gap between falling and rising, who can guess what’s next? Data tells me that the current sentiment is a bit overly pessimistic, everyone should gently buy in with half a position. The 100,000 mark must be broken through, just not sure if it will be today or next year... some are in a hurry, but I’m not. Institutions are all stocking up, and retail investors should just follow DCA, no problem in the long run. The bond market says interest rate cuts will only come in 2026, so we still have to endure. Now might actually be a good window for adding positions. Looking at this pattern... never mind, I’ll just do a blind dollar-cost average, hug the world, and hold BTC tight.
View OriginalReply0
MevHuntervip
· 6h ago
Institutional bottom-fishing, retail investors taking the bait, I've seen this routine too many times. MACD has already dropped to a negative 201, what good news are you still hyping? Morgan Stanley's application ≠ guarantee of approval, wake up everyone. I just want to know who ran with that $17.8 million, big players or trapped retail investors? If I can't break 100,000, I'll liquidate. Don't talk to me about a 200,000 dream. DZ Bank? The efficiency of those Europeans, by the time they go live, the yellow flowers will have withered. Contrary indicators in the capital flow often signal a rebound, let's wait and see. The 96K level is too awkward, with room both above and below, I lean towards continued fluctuation.
View OriginalReply0
fomo_fightervip
· 7h ago
Institutional entry is a positive sign, but this MACD dropping all the way down is too frightening, it feels like it's诱多 (诱导多头, misleading the bulls).
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)