#数字资产市场洞察 Bitcoin has fallen 0.58% in the last 24 hours, the market has entered a consolidation phase, but the story behind it is far from simple.

**What are institutions and enterprises doing**
BlackRock has listed Bitcoin as a core investment theme for this year, and it's not just talk. Trump's media is more direct—they just bought another 451 BTC and now hold 11,542 coins. This ongoing buying pace indicates that big players are still optimistic.

**Regulatory winds have loosened**
The SEC has recently removed cryptocurrencies from its blacklist of high-risk assets. What does this mean? The days of regulatory pressure may be easing, which is certainly positive for market sentiment.

**But the hidden dangers are also present**
The technical indicators here are a bit weak—6-day RSI is only 40.27, 12-day is 43.60, and 24-day is 48.31, all indicating weak signals, suggesting insufficient buying pressure. Some analysts are pessimistic, predicting that BTC may fall to $70,000 or even $56,000 by mid-2026.

What hurts more is that the whales are adding to their short positions at an average price of $87,300, and the bearish stance of the large holders suggests that there may still be room for selling pressure.

**However, the public is still relatively optimistic**
The optimistic voices on X and Discord still outweigh the pessimistic ones, and some are pondering that if the price falls to $75,000, it might just be a phase bottom.

$BTC, $ETH, $BNB - optimism is there, but this round of adjustment may not have fully digested yet.