#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.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
Is the competition for ETH at 3000 points unusually fierce?? What will happen next?
1. **Price Trend**: The current price (3,072.10) is below the 15-day moving average (3,084.27), indicating a short-term weakness. It is necessary to pay attention to whether it can break through the resistance of the moving average. If it fails to break through, it may continue to test the support level (3,038.20).
2. **MACD Indicator**: The MACD value is negative (-0.13), and the DIF (-23.12) is lower than the DEA (-22.99), indicating a bearish short-term momentum, but the two are close, so be alert to possible bullish divergence or trend reversal signals.
3. **Volume Data**: High trading volume in the past 24 hours (606.1K ETH) and a large open interest (5.13 billion USDT) indicate an active market but large differences between long and short positions. Be cautious of increased volatility.
#### **Key Support and Resistance Levels:**
- **Support level**: 3,038.20 (24-hour low), 3,012.00 (recent low).
- **Resistance levels**: 3,130.55 (recent high), 3,185.96 (secondary resistance), 3,222.90 (24-hour high).
#### **Operation Suggestions:**
1. **Conservative Strategy**:
- If the price rebounds near the 15-day moving average (3,084) and comes under pressure, you can lightly short, with a target of 3,038 and a stop loss set above 3,100.
- If the price falls below the support level of 3,038, it is recommended to wait and observe for a signal of stabilization (such as a decrease in trading volume or a MACD golden cross).
2. **Aggressive Strategy**:
- Take a small long position around 3,038, speculate on a technical rebound, aim for 3,130, and strictly stop loss below 3,020.
- If the price breaks through 3,130 with volume, you can follow the trend to go long, with a target of 3,185.
3. **Risk Warning**:
- Avoid high leverage operations, as the current market volatility is high and may trigger forced liquidation.
- Pay attention to external factors (such as regulatory policies, market sentiment) that may affect Ether (ETH), and adjust positions in a timely manner.
#### **Summary**:
Short-term ETH/USDT is bearish, but approaching a key support level, with the possibility of a rebound. It is recommended to operate flexibly based on support/resistance levels, strictly set stop-loss orders, and prioritize low leverage or spot trading to control risks.