#数字资产市场动态 Bitcoin faces short-term pressure, but institutional signals are worth paying attention to

In the past 24 hours, BTC has decreased by 0.68%, with a quote of $87,544.89. Although the daily decline is small, it reflects that the market is in a consolidation phase.

From the institutional side, there is good news. A compliant platform recently received a large deposit of 1,044 BTC (approximately $11.43 million), transferred from mainstream financial institutions like BlackRock, further confirming traditional capital's continued interest in Bitcoin. More notably, the inflow of whale BTC on a leading exchange has decreased by over 50%—large holders are holding rather than selling, which is helpful for short-term support.

On-chain phenomena are also telling a story. Since 2025, Bitcoin balances across exchanges have decreased by 15%, with a total withdrawal of 430,000 BTC. This indicates investors are shifting toward self-custody and long-term strategies, and the market liquidity is tightening.

But risks must also be recognized. A large trader on Hyperliquid has an unrealized loss of over $53 million in long contracts for BTC, ETH, and SOL, reflecting increased market volatility. Coupled with rising geopolitical tensions, funds are flowing into traditional safe-haven assets like gold and silver, which could divert institutional enthusiasm for digital assets. The year-end holiday (December 24 to January 8) is approaching, and liquidity may further dry up, making price swings during this period worth monitoring.

Overall, tightening institutional demand and supply support are the main reasons for the current outlook, but macroeconomic uncertainties and open interest risks should not be ignored. The market is clearly divided—some community members remain bullish on fundamentals, while others worry about recent price movements.