#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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Analyzing the current market situation, Bitcoin has shown weak performance recently, lacking upward momentum despite multiple attempts to stop the fall. The latest drop has already broken through the short-term support level of 103700. If it can stabilize at this position and is driven by positive market factors, it may manage to regain the 105000 level and potentially break upwards again.
Trading strategy suggestions can focus on the low absorption opportunities in the range of 102800 to 103300, with an upward target level in the range of 105000 to 105500. At the same time, it is recommended to set the stop-loss level at 102500 to prevent the market from continuing to weaken. Pay close attention to market changes and adjust strategies in a timely manner.