Recently, Bitcoin prices have experienced significant fluctuations, failing to break through the range of $24,200 to $24,300, mainly due to chain liquidations, high funding rates, and a slowdown in institutional capital inflows. Although risks have increased in the short term, the rise in stablecoin reserves macroeconomically suggests that funds may flow back into the market, and the high premiums for institutional demand have also alleviated the risk of a substantial pullback.

BTC-0.79%
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