#比特币价格分析 Recently, the Bitcoin market has seen a significant correction, and on-chain data suggests that institutional investor behavior may be the main driving force. BlackRock’s IBIT fund saw net outflows of over $1 billion in a single week, with a particularly notable outflow of $523 million on the 18th alone, reflecting a large-scale withdrawal by institutional investors. These capital movements are highly correlated with BTC price trends, which have now fallen below $90,000 and are testing the $80,000 support level.

From a technical perspective, BTC has broken below both the 50-day and 200-day moving averages, and the RSI indicator shows it is oversold, indicating a possible short-term technical rebound. However, considering macro factors such as Federal Reserve policy and tightening global liquidity, the mid-term outlook remains pessimistic.

It’s worth noting that some institutions, such as Strategy, may view this as a buying opportunity at lower prices. It is recommended to closely monitor institutional capital flows and large on-chain transactions to gauge shifts in market sentiment and potential price support levels.