According to Woofun AI, the US Securities and Exchange Commission (SEC)'s regulatory framework for tokenized stock products has become a core catalyst for boosting the market's risk appetite, directly prompting the Bitcoin price to break through the $82,000 mark.
Resonated by favorable macroeconomic policies, the microstructure of crypto assets showed significant capital inflow characteristics. The price of Ethereum successfully reached $2,700, supported by a 41% surge in 24-hour trading volume. According to data compiled by Woofun AI, the total amount of market liquidations in the past 24 hours reached 400 million US dollars, of which shorters have suffered major losses, reflecting the absolute dominance of many forces.
Meanwhile, the number of open Bitcoin contracts increased by 0.90% in 24 hours, with a weekly increase of nearly 10%, indicating that leveraged funds are entering the market at an accelerated pace. It is worth noting that on the Binance platform, both retail investors and giant whale derivatives traders tend to have a neutral attitude towards Bitcoin, which suggests that there are no extreme one-sided bets in the market. The total global cryptocurrency market capitalization climbed to $2.81 trillion, up 1.12% from the previous day. Traditional financial markets also picked up at the same time. As of 8:44 p.m. EST, Dow Jones Industrial Average futures rose 115 points, or 0.22%; S&P 500 futures rose 0.34%; and Nasdaq 100 futures rose 0.53%. The Fear and Greed Index has returned to the 'greed' range, confirming a substantial recovery in market sentiment.
However, geopolitical risks have not completely subsided. Attacks on Saudi Arabia's major airports and Saudi Aramco fuel depots by the Houthis in Yemen heightened tension in the Middle East. The US State Department immediately warned citizens to re-evaluate their travel plans to or through the region, and recommended maintaining “extra caution.”
In this context, an up-and-coming cryptocurrency analyst and trader gave a clear prediction of Bitcoin's trend, pointing out that its target price would be at $89,070. The analyst emphasized that investors should not attempt to short near $81,000, as price squeezing in an uptrend is bound to eventually trigger further increases, which is only a matter of time. Even if the price fluctuates within the current range, waiting for a higher price is a better strategy, and repeated shorting at a high level of $81,000 will face huge risks.
Technical analysis further confirmed the breakthrough momentum of mainstream assets. Another well-known chart analyst and on-chain data researcher pointed out that Ethereum has successfully broken through the $2,560 key resistance level, and that price has been transformed into effective support. Given the stability of this breakout trend, the focus of the subsequent market has shifted to the important target point of $2,760. With regulatory clarity and technical resonance, the crypto market is gradually moving away from the shadow of geopolitics and moving towards a higher valuation range.