CoinEx Daily: Bitcoin Nears Key Resistance amid Increased Institutional Activity
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Daily View
Bitcoin is consolidating near the critical $94,000 resistance level, with strong absorption of short-term selling pressure by long-term holders. Institutional and whale activities are prominent, including significant BTC transfers to Coinbase and notable whale movements in SOL, ETH, and TRUMP tokens. Macro influences remain mixed as major US-based Bitcoin ETFs see large inflows, while Ethereum ETFs experience outflows, signaling differentiated institutional sentiment within crypto assets.
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