Greeks.live: On-chain BTC concentration around $105,000 has reached 15%
Odaily Planet Daily News: Greeks.live macro researcher Adam released a brief for the Chinese community, stating that group members are divided on the future of Bitcoin. Some believe it is possible to short and expect a false breakout at $113,000, while institutional capital inflows remain strong, with global listed companies seeing a net inflow of $863 million last week. Bulls are generally cautious and maintain low leverage, with the market expecting a maximum pullback to around $103,000. On-chain, the concentration of positions near $105,000 has reached 15%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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