Bitcoin breaks through the key point of $101,000 analysis (May 9, 2025)

Latest Price Dynamics
As of May 8, 2025, the price of Bitcoin has surpassed the $101,000 mark, with a 24-hour increase of 4.07%. Trading volume has climbed to $55.341 billion, setting a new high for the year. Current market sentiment resonates with institutional capital flows, driving prices into higher ranges.
Core driving factors
1. Institutional funds continue to flow in
- Bitcoin spot ETF saw a net inflow of over 4 billion USD in a single week, with institutions like BlackRock and Fidelity holding over 8% of the circulating supply, and total net assets reaching 112.7 billion USD, creating a short-term pricing power monopoly.
- BlackRock's IBIT fund increased its holdings by 6,954 BTC in a single day, bringing its total holdings to 597,000 BTC (accounting for 2.38% of the circulating supply), with a significant institutional support effect.
2. Resonance of Policy and Technology
- Federal Reserve policy easing: Powell hinted at a possible early end to balance sheet reduction, signaling liquidity easing, while the weak dollar boosts Bitcoin's safe-haven attributes.
- Technical breakthrough confirmed: BTC stands firm above the 200-day moving average (approximately $85,600), the MACD daily golden cross continues to strengthen, and after breaking through the $97,000 resistance, the psychological barrier of $100,000 becomes the new target.
3. Leverage Trading and Active Options Market
- The decentralized exchange XBIT shows that the BTC leverage trading volume has surged by 200% within 24 hours, with institutions accelerating their layout through leverage strategies. The value of open contracts in the options market at the $100,000 price point has reached $1.5 billion, indicating market confidence in a breakthrough.
Key Resistance and Support
- Resistance level: There is selling pressure from long-term holders above $101,000, and on-chain data indicates that profit-taking will be triggered when unrealized profits reach 350%.
- Support level: The range of $97,000-$95,000 serves as a strong short-term support, and if there is a pullback, attention should be paid to the $93,000 defense line.
Risk Warning
- High Leverage Risk: The current open positions in contracts amount to 63.25 billion USD, concentrated in the range of 98,000 to 100,000 USD, and a price fluctuation of 5% could trigger a long and short explosion.
- Regulatory and geopolitical variables: The US SEC may strengthen ETF review, and if a redemption wave starts or geopolitical conflicts ease (such as the India-Pakistan situation), it could lead to a short-term correction of over 10%.
Operation Strategy
- Trend Following: If the price stabilizes at $101,000 and the trading volume increases, you can take a small long position, targeting $105,000; if the breakout fails, pay attention to the rebound opportunity at the support level of $97,000.
- Risk control advice: Set a dynamic stop-loss of 3%-5%, avoid using leverage over 12 times, and guard against market volatility.
Conclusion: Bitcoin's breakthrough of 100,000 marks the climax of the institution-led "crypto blitzkrieg", but caution is needed for short-term corrections under high volatility. Investors should combine technical analysis with capital flow, prioritizing trend-following strategies to avoid emotional trading. #BTC突破99k# #鲍威尔发言# #Tether增发10亿枚USDT# #BTC# #PI#