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Over the past week, spot Bitcoin ETF providers reported record fund inflows. Traditional Wall Street giants like JPMorgan and Goldman Sachs announced expansions of their infrastructure to offer Bitcoin derivatives to clients. Large-scale miners and OTC (Over-The-Counter) desks are failing to meet the institutional demand reflected in the market. According to analysts, if this fund inflow continues at the same pace, supply shock will be the core trigger of the next rally phase.
Wall Street's Bitcoin Appetite Soars
According to crypto analytics platforms, Bitcoin supply on exchanges has dropped to its lowest level in five years. Funds rapidly withdrawn to Cold Wallets prove that giant corporations adopting a long-term investment strategy (HODL)—rather than retail investors—have entered the market aggressively.
The technical chart above shows how the resistance channel was rapidly broken on a logarithmic scale. The price, holding above moving averages, has established the $69,000 region (the previous all-time high) as its new fundamental support area.
"The crypto winter is officially over; we are in the era of institutional adoption. As major central banks enter rate cut cycles, we will see Bitcoin become the strongest alternative to dollar hegemony."
This massive bullish wave accelerated not only Bitcoin but all major altcoins upwards.
Ethereum broke critical technical resistances thanks to increased activity in Layer-2 solutions, while Solana managed to attract new investors to its ecosystem with the advantage of high-speed, low-cost transactions. The capital rotation (from Bitcoin to altcoins) in the crypto market proves that the current rally dynamics might signal a strong and sustainable bull cycle.
