$71,700 Bitcoin, would you dare to buy?

ETF weekly net inflow of $789 million, BlackRock疯狂吸筹, institutions using real money desperately buying near 71k— but what about the price? From the peak of 126k down to now 71k, a 43% correction. The Fear & Greed index is only 16, indicating extreme fear. Institutions keep buying, so why isn’t the price rising? Is it time to clear out and run?
First look at the surface: institutions are疯狂买, the price remains as steady as a rock.
In the past week, the US spot Bitcoin ETF saw a net inflow of $789 million, the largest weekly inflow since February. BlackRock alone bought $269 million in one day on Thursday. Total holdings surpass 720k BTC, with a market value close to $56.7 billion. But what about the price? From 126k down to 71k, a 43% drop, like a half-dead person lying on the ground, institutions pulling, retail investors fleeing.
First thing: institutions are吸筹, retail investors are panicking.
ETF cumulative net inflow has exceeded $57.1 billion. At this moment, real money is疯狂扫货 near 71k. Michael Saylor bought another 3,468 BTC, SpaceX still holds 8,285 BTC without moving. And retail investors? Fear index at 16, extreme fear.
Second thing: macro environment is施压, but BTC is starting to decouple.
US-Iran negotiations broke down, energy prices surged, inflation is rising, the Fed maintains high interest rates at 3.50%-3.75%. Normally, risk assets should fall. But what about BTC? It was dragged down briefly but quickly stabilized. This shows BTC is transforming from “risk asset” to “digital gold.” Bad macro news has instead become an opportunity for机构吸筹.
Third thing: technicals are底部筑, 71k is the铁底.
Daily small bullish rebound, 4-hour shows divergence signs, volume mildly increasing at low levels, OBV confirms capital inflow. 71k-71,500 is a strong support, stabilizing over multiple days. Analysts say the bottom is at 40k-50k? That’s like rowing a boat and trying to find the sword—forgetting ETF is the biggest variable.
On one side, institutions are流入 71k weekly, total net inflow of 57.1 billion,疯狂吸筹 near 71k.
On the other side, fear index at 16, retail investors cutting losses, analysts calling for a bottom at 40k.
Key level: 71k— the last line of defense for bulls and bears.
If you’re a short-term trader: buy in stages at 71k-71,800, set stop-loss at 70,500, target 73.8k, reduce positions, then at 75,000-78,000 reduce again.
If you’re a long-term investor: go all-in with 50% now, add if below 71k, chase if突破 73.8k. Institutions’ money isn’t finished buying, what are you rushing for?
Fear + institutions buying = classic bottom signal. This formula has never failed in crypto. #加密市场回升 #Gate广场四月发帖挑战 $BTC