#GateTradFi1gGoldGiveaway 💡 Key Insights for Today

The "ETF Absorption" Effect: While retail sentiment is shaken, the data tells a different story. U.S. Spot ETFs (led by BlackRock) saw a massive reversal with $1.7 billion in inflows last week. Institutions are treating this $90k region as a "value zone" rather than a exit point.
Macro Headwinds: The "Trump Tariff" rhetoric has introduced a risk-off sentiment across global equities, which BTC is currently mirroring. However, the creation of the U.S. Bitcoin Strategic Reserve continues to act as a massive long-term psychological floor for the asset.
Structure Over Hype: As you noted, the pullback from the $122,000 highs (and the more recent $126k peak in late 2025) has effectively "reset" the funding rates. This deleveraging is often the prerequisite for a sustained move toward the much-anticipated $150,000 year-end target.
🚀 Technical Outlook
If BTC can hold the $88,000 support through the weekend, we may see a "short squeeze" back toward the $98,000 level. A failure to hold $88k, however, could see us testing the $84,000 consolidation lows established last year.
Community Response: Personally, I'm seeing a lot of "smart money" accumulating on the pullback. The gap between "Extreme Fear" on the index and the massive "Institutional Inflows" suggests that the current dip is being bought by those with a multi-year horizon.