#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.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
During the SUI price oscillation adjustment period, the underlying logic driving the market is much more complex than the surface candlestick chart. The market maker's goal is not simply to track price movement, but to exhaust the patience and confidence of retail investors through continuous sideways fluctuations.
The repeated fluctuations in the current market are essentially a psychological tactic aimed at forcing more retail investors to give up their positions due to exhaustion and fear. This pattern of ups and downs does not create buying opportunities for investors; on the contrary, it systematically undermines the determination of retail investors to continue holding.
The game between institutions and retail investors has become clear: after most retail investors leave the market due to unbearable volatility, the market makers will launch a real bullish trend. This is a common rule of the market—when investors generally believe that an asset has no hope of recovering, it is often the eve of a price reversal.
When the market truly starts, there will be no warning signals; people will only realize it after most have missed the opportunity. According to analysis, the 2.7 price level may be an important support zone for SUI. If the opportunity to layout in this zone is missed, the next meeting area may be in the price range above 3.6.
During the adjustment period in the crypto market, understanding the psychological battle between market makers and retail investors may be more important than technical analysis.