#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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Due to the US stock market being closed, the Bitcoin price maintained a volatile consolidation pattern during the day. After dipping to around 104400, it rebounded again, hitting a secondary high at around 105184, and then faced pressure and fell back, currently oscillating around 104500. The coin price attempted to breach the 105200 level multiple times without success, encountering strong selling pressure, and it did not break below the support level. Although today's market mainly featured narrow range oscillation, the actual trading operations focused on short-term strategies. Looking back at the early morning trend, the market continued the range oscillation pattern. Both bulls and bears seem to be 'resting', with little fluctuation in the market and no strong directional movement. In the current situation, patience is more important than frequent trading. The multiple retests of the key support area without breaking indicate that the bullish defense system below is solid, and the market is completing a secondary accumulation of bullish momentum through time. The Bollinger Bands are showing an upward opening pattern, with the middle band resonating with the short-term moving average system to form support. The MACD indicator's fast and slow lines maintain a golden cross above the zero line, with the red bars continuing to expand but no obvious top divergence signals, indicating that there is still room for the release of medium-term upward momentum.
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The trend of Ethereum is highly correlated with Bitcoin, and it hasn't provided much room for fluctuation or significant volatility. Looking at the four-hour level first, after a slow decline with consecutive bearish candles, the price has turned bullish again. Although the rebound momentum appears to be relatively slow at the moment, it is still a positive sign. The price has shown signs of a turning point, with expectations for it to move higher in the future. After a V-shaped movement, the price is still operating near the mid-line, and the pullback is just a normal correction trend. From the current structure, the four-hour structure also possesses the energy to push higher again. Continuous and winding consolidation is building momentum, and with the rising lows, we are currently just waiting for the force to break open space. At present, the coin price is once again in a state of fluctuation. #Gate最新储备金104.53亿美元创安全新标杆# #鲍威尔发言# #CandyDrop 全民空投 4.0# .