Analysis: The market expects BTC to be more moderate in the short term, and Strategy and Metaplanet are still increasing their weight

PANews reported on June 2 that QCP Capital posted an analysis on the TG channel pointing out that nearly $1 billion of positions in the cryptocurrency market have been liquidated since Friday, and even BlackRock's IBIT BTC ETF has ended its record of 34 consecutive days of inflows, with an outflow of $430 million.

However, the Bitcoin market remained remarkably calm, hovering above $102,000 despite the volatility, proving its potential support level. At present, bitcoin volatility is steadily compressing, and risk reversals across maturities have begun to normalize, indicating that the market expects a relatively moderate price movement in the short term. While some investors fled, others doubled down, such as Strategy and Metaplanet, which bought another $114 million worth of BTC after the market price fell, bringing its total holdings to a symbolic 8,888.

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