#战略性加仓BTC Bitcoin at a critical juncture: Do the bulls still have confidence?😂

The current market is like two dancers—spot and perpetual contracts—one pushing up, the other trying to pull back. The tension is indeed thick.

**On the spot side: Traffic lights switching, the big players' appetite waning**

Looking at historical patterns, after each dip, there's usually a rebound first, then the bears test the waters, followed by a sharp surge. This routine has been validated three times. But now, it's different—sell orders are gradually moving up, and the spread is shrinking. Although big funds have still absorbed $113 million in the past two days, with over $4.1 billion in total since December, enthusiasm is clearly waning. You can feel the bears sharpening their knives.

**On the perpetual contracts side: It's a complete bull party**

The perpetual market has turned completely bullish. Buy orders have forcefully overtaken sell orders, with trading volume soaring 151%, reaching a staggering $53.2 billion. Funding rates remain firmly positive at 0.0077%, and the bulls are just lying back and winning.

Yesterday, bears felt even worse—liquidations of $40.56 million compared to $2.47 million for the bulls, a 16-fold difference that says it all. Bears are probably silently pacing in the corner.

**To be honest**

Where Bitcoin goes next depends on whether the bulls dare to keep adding positions. The spot market is a bit hesitant, but perpetual contracts are still lively—if the bulls and bears can align their direction, the bull market continues. If they lose momentum, bears will be laughing all the way to 2026. This is the crypto market—every day is a big show.🚀🤡

$BTC $ZBT $BNB