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Dr.Toxic🚩
European publicly listed company makes a large BTC purchase at $62,900
Personal analysis, not investment advice
According to BlockBeats, Swedish publicly listed Bitcoin reserve company H100 Group announced it acquired 2,455.4 BTC at an average price of $62,900, increasing its total holdings to 3,506 BTC.
It is clear that whenever the price falls back to the lower range, overseas listed companies gradually accumulate spot BTC in batches. European capital is steadily building Bitcoin reserves, and the signal for mid-to-long-term coin hoarding continues to be released.
However, the old problem in the market remains: every rebound breakout lacks volume and fails to attract continuous incremental funds.
Institutions buying on dips is a long-term move and will not immediately drive a short-term unilateral rally. Selling pressure at resistance levels above still exists, so the short-term pattern remains a range-bound oscillation.
Despite consecutive positive news, the market has not seen a strong breakout. At this stage, avoid blindly chasing highs just because institutions are increasing positions; frequent spikes and dips still occur in the choppy market.
What do you think — with institutions continuously accumulating, when will a decent rebound be triggered?#CPIToResetFedBets #AIMemorySelloffEases #BTCETHETFInflowsReturn
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