Bitcoin is trading near $88,000–$89,000, holding a key structural support zone. Market cap sits around $2.98T, slightly lower than last week. ETF inflows remain weak, meaning retail hype is absent, but smart money is quietly positioning. Macro-wise, the Fed paused rate hikes, which reduces downside pressure but hasn't yet triggered aggressive risk-on behavior. Institutions are patient — and that usually precedes large directional moves. #GateLiveMiningProgramPublicBeta
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Market Condition Today: Cautious Accumulation Phase
Bitcoin is trading near $88,000–$89,000, holding a key structural support zone. Market cap sits around $2.98T, slightly lower than last week. ETF inflows remain weak, meaning retail hype is absent, but smart money is quietly positioning.
Macro-wise, the Fed paused rate hikes, which reduces downside pressure but hasn't yet triggered aggressive risk-on behavior. Institutions are patient — and that usually precedes large directional moves.
#GateLiveMiningProgramPublicBeta