This rally doesn’t seem to be driven by retail sentiment alone—it appears more like major players accumulated positions at lower levels before the market heat followed. Over the past seven days, Bitcoin rose by approximately 10,000 points, and the total crypto market cap has rebounded to around $3 trillion. Market bullish sentiment has clearly intensified, but what truly matters is where the capital is coming from and who is accumulating the筹码. Over the past five days, crypto ETFs recorded a combined net inflow of about $1.698 billion, with continued external allocation. BlackRock has purchased approximately $1.57 billion worth of Ethereum over the last 20 days, while on-chain large holders have accumulated around 73,300 BTC over the past two months. As more supply becomes locked up, short-term volatility increases, making it easier for latecomers to be drawn into high-level speculation. Bitcoin is currently trading at around $86,700. The immediate resistance lies at $88,500, where profit-taking is likely to emerge; $90,000 requires significant volume to become a credible target. Below, $85,000 serves as near-term support, and if $83,000 holds, the bullish structure remains intact. Ethereum is currently trading at around $2,755. Short-term resistance is at $2,830, with strong resistance at $2,920; near-term support is at $2,680 and strong support at $2,600. While these two major assets have lifted risk appetite, it doesn’t mean the path ahead will be one-way. As market cap rises and capital concentrates, turnover at higher levels will intensify. First, identify key support and resistance levels before considering trend-following strategies. Treating “a major move is right around the corner” as a slogan often precedes being carried up as a patsy.