Bullish Sentiment Summary: Analysts Shift to Bullish, Multiple Institutions Increase Crypto Holdings

BlockBeats News, April 14th, as Hyperliquid saw a near two-month high in holdings, the resumption of negotiations between the US and Iran intensified the "echo chamber effect," the market became more optimistic, and Bitcoin led the crypto market in a strong rebound today. Several institutions also increased their crypto holdings, including:

Matrixport saw a combined unrealized gain in two affiliated addresses grow to $36.3 million, with a total holding size of $335 million;

BlackRock withdrew 2004 BTC from Coinbase, worth $144.82 million;

Alongside institutional buying, multiple analysts also simultaneously expressed bullish views on the cryptocurrency market:

Bitmine Chairman Thomas "Tom" Lee stated: "Bitmine has maintained an accelerated pace of ETH purchases every week over the past four weeks because our fundamental assessment is that ETH is in the final stage of the 'mini crypto winter.' Last week, we acquired 71,524 ETH, the highest purchase rate since the week of December 22, 2025."

Crypto analyst Amr Taha pointed out that multiple indicators collectively reflect Bitcoin chips transitioning from weak hands to strong hands, showing a steady absorption of chips rather than active selling. The CoinGlass liquidity chart indicates that a significant visible liquidity is concentrated in the $86,000 to $90,000 range. Market sentiment has turned bullish, with traders setting a Bitcoin target price of $88,000

CoinDesk analyst Shaurya Malwa stated that Bank of Japan Governor Haruhiko Kuroda sent a dovish signal, indicating a more cautious stance in the face of the uncertain impact of the Iran war on the Japanese economy, which provided support for Bitcoin's rise.

Yi Lihua, founder of Liquid Capital (formerly LD Capital), expressed optimism for this rebound phase, stating that trading altcoin contracts is a losing game.