#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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June 16 Bitcoin (BTC) Ethereum (ETH) market analysis [BTC ETH weekly trend], including strategy order reference
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Pressure: 106000, 110000 Support: 103500, 101000
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【Two Cakes】 Since the mid-May rebound ended, the second contract has entered a month-long consolidation phase, consistently consolidating with sideways movements instead of declines. Moreover, as early as the beginning of May, we identified 2400 as the key retracement level for the second contract. We can see that 2400 has not been broken and is showing a bottoming upward trend, which indicates that the main force is continuously buying. The lower bound of the recognized fair value area sees large liquidity sweeping purchases each time it reaches this level. This sign is enough to prove that the second pie is always in a healthy trend, and the 2800 is by no means its top this year. But! Once 2400 is lost, then you may see it go to the position of 2200 at a very fast rate, which is very likely to happen, but you can rest assured that this is not a listed company, BlackRock and other main forces are smashing, it is simply LC to clean up liquidity, and from the depth of data, I grabbed a huge pending order of 2250, of course, this may also be a trap for LC, give the pending order data of 2250, and when you wait for that position, quickly cancel the order, Continue to accelerate downwards to knock out the 2250 bamboo shoots, of course, this move must have the premise of big bearishness, otherwise the chips in LC's hands are completely insufficient to play like this. Don't forget, the market is not only LC, retail investors, whales, but also more long-term optimistic investment companies in the crypto market, so I can take the long-term points I give. And then if it really has a great advantage, then 1750 is its last defensive position, and the perimeter line is smashed through here, then we have to re-examine the copycat~
Pressure: 2580, 2750; Support: 2415, 2370
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eth script 1: buy near 2420 Bamboo shoots: 2379 Stage 1: 2445 Phase 2: 2480 Phase 3: 2540
eth script 2: sell near 2645 Bamboo shoots: 2690 Stage 1: 2620 Stage 2: 2590 Phase 3: 2530
btc script 1: sell near 106500 Bamboo shoot: 107500 Stage 1: 105500 Stage 2: 104500 Stage 3: 103100