An interesting phenomenon has been observed in the Bitcoin market; the originally normal falling trend suddenly began to pump after 11 o'clock. After tracking, it was found that this wave of rise is likely due to BlackRock's large-scale buying action.

At that time, the market strongly suggested that this was an ETF institution making a purchase, with data showing that approximately 2,700 Bitcoins were bought. Although there is no detailed tracking of other institutions' movements, this operation was enough to drive the market up by about 2,000 points.

It is worth noting that when tracking the market at 22:30, institutions had not yet begun to act, and actual buying started at 22:32. If one can accurately grasp this two-minute time difference, it is entirely possible to follow institutional operations for profit. Market rules indicate that after institutional buying ends, prices are likely to fall, which is the ideal time to set up short positions.

The short position established near the price level of 105800 is mainly based on technical indicator signals rather than the analysis of the aforementioned institutional movements, but both analytical methods point to similar market opportunities.