The buying momentum for Bitcoin ETFs is accelerating. In just two days, major ETFs have already purchased $1.6 billion worth of Bitcoin. Interestingly, the last time ETFs exhibited such intensive buying activity, Bitcoin's price had already surpassed $120,000. This data comparison clearly illustrates the point—large funds are continuously increasing their positions. From this perspective, the current upward trend may not have ended yet. Institutional actions often reflect the market's true expectations.

1.15 BTC/ETH Hourly Chart M-Top Pattern + Bearish Decline, Is it Time to Short? Yesterday, Bitcoin hit 94,700 and went long to 96,500 for nearly 2,000 points profit. Ethereum reached 3,282 and went long to 3,360 for an $80 profit. All transparent, brothers who followed the move are eating meat today🔥! Just now, someone asked in the backend, “BTC hourly double top forming, can I chase the short as it declines?” I just took a sip of tea and almost choked. Again with this pattern—seeing two peaks and shouting top; seeing red on the candlesticks and getting itchy. The current market looks like a hunt, with the main force waiting for those clever hands holding technical charts to enter. First, the volume has dried up—where’s the strength to fall? Don’t just look at the price declining; check out those few volume bars. If they really wanted to run, it would be a flood of volume smashing down—then it’s a true escape. Now? Price is falling, but the volume bars are getting shorter and shorter. This is a volume-contracted decline; the main force has no intention of leaving, just easing the throttle, shaking out those panicky traders. Second, the “iron plate” below is still solid—what’s the top about? Textbooks tell you that a double top is confirmed when the neckline is broken, but they don’t remind you: if the neckline isn’t broken, the pattern is just a simple doodle. The neckline of this rally is around 95,000; the current price is still hovering near 96,000, far from breaking it! Going short now is like bouncing in the middle of a staircase—only a few steps down and you’ll hit bottom. If it rebounds first, you’ll be the first to get wiped out. Finally, this kind of decline tests your patience. It doesn’t scare you, but it slowly wears you down. Like water seeping into a corner—it's not a flood, but over time, the whole wall becomes damp and soft. Little by little, until you’re unsettled and end up cutting your longs at the worst possible point. When you finally exit in pain, the main force’s cleaning goal is quietly achieved! In summary: Volume contraction, holding key levels, and slow grinding—these three together mostly mean clearing the market, not really trying to crash. Don’t rush; let the bullets fly a little longer. That’s all for today’s recap: a pullback to re-enter longs. $BTC Enter the first long position near 95800, add to positions in batches at 95400-95000, target first around 97000, and if it stabilizes, look for 97500→突破 above 98000. $ETH Enter the first long position near 3290, add to positions in batches at 3275-3260, target around 3350, and if it stabilizes, look for 3380→突破 above 3400.