MicroStrategy and Bitcoin ETFs play crucial roles: MicroStrategy purchased 55,000 Bitcoin at 5.4 billion USD, contributing to increased interest in Bitcoin. The company’s holding has reached 386,700 BTC. At the same time, US Bitcoin ETFs attracted robust inflows of 3.38 billion USD, indicating confidence in Bitcoin’s future among institutional investors.
Warning signs from failure to break through: Bitcoin could not surpass the 100,000 USD level, despite significant investments from ETFs and MicroStrategy. Failures to rise above this level may prompt short-term investors to take profits, potentially leading to further price declines. Key support levels need monitoring to prevent deep drops.
Notable movements in SPX and DXY: The S&P 500 and the US Dollar Index exhibited significant fluctuations while attempting to surpass critical resistance levels. SPX could hit new highs if it maintains current levels, while DXY needs to hold above the 20-day EMA to avoid strong corrections. Both indices demonstrate caution in price movements.