Greeks.live: Strategy Reboot Buying Pressure Fails to Alter BTC Long-Term Trend, Struggling to Hold $80K Level

BlockBeats News, September 1st, Greek.live reported that a recent Strategy to restart buying BTC would only bring short-term stimulation and would be difficult to change the long-term trend. After realizing gains, the Strategy has a larger position to increase, but in a longer time frame, the overall BTC ETF is still experiencing outflows, making it still quite challenging for BTC to stabilize above $80,000, given the significant selling pressure in the market.

Currently, there is no single participant in the BTC market who can manipulate or accurately predict the trend. On a macro level, the hawkish comments from the Federal Reserve and the escalation of the US-Iran conflict are further testing the already fragile investor sentiment.

In addition, the short-term volatility of BTC has decreased rapidly, and relying solely on a single bullish candle is difficult to support the continuation of the bull market. If, after a slight pullback, it can rise back above $85,000, the market structure may improve; otherwise, arbitrageurs and sellers may bring significant selling pressure. The end-of-month Gamma Exposure (GEX) is gathering, and the market still needs further upward momentum to sustain the trend.