#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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Data Analysis:
According to the current liquidation map, based on the current Bitcoin price near $105,400, if the market fluctuates up and down by $1,400 and rises again to around $106,800, the estimated total liquidatable short amount would be about $343 million. Conversely, if the market drops to around $104,000, the estimated total liquidatable long amount would be about $1.52 billion.
In the Bitcoin ETF institutions, it can be seen that yesterday the overall net inflow of funds was approximately $1.61.
Market View:
Market Direction: Short-term oscillation and consolidation are the main trends. From the current market trend, it is evident that the daily chart is still primarily in a state of oscillation and consolidation, and Ethereum is also following suit. I personally believe that based on the current trend, the overall market will continue to oscillate and consolidate. The next focus should be on when the market will truly change its direction. Therefore, I suggest that in contract operations, we can primarily adopt a short-term trading strategy of alternating between long and short positions.
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