星球日报
星球日报|5月 04, 2026 04:07
**[Analysis: Bitcoin Breaks Key Resistance Zone of Suppressed Price, Short-Term Momentum Likely to Remain Strong and Volatile]** Odaily Planet Daily News: Bitcoin has surged past the $80,000 mark, rising approximately 2.6% in 24 hours to $80,150, driving the overall crypto market higher. ETH rose 3.6%, and XRP increased by 2%. Nick Ruck, Director at LVRG Research, stated that this breakout has overcome the key resistance zone of suppressed prices over the weekend, with short-term momentum significantly strengthening. Dominick John, an analyst at Zeus Research, pointed out that the upward trend is accompanied by a technical short squeeze. On the capital front, U.S. Bitcoin spot ETFs have achieved net inflows for the fifth consecutive week, attracting approximately $154 million last week, indicating a sustained increase in institutional allocation demand. Analysts believe that if the inflow trend continues and is compounded by macroeconomic uncertainties, Bitcoin is likely to maintain strong and volatile momentum in the short term. The market will focus on the impact of upcoming economic data and changes in risk sentiment on price movements. (The Block)
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