3.13 Big Bitcoin Public Strategy

**Bullish Factors**
- Spot ETFs continue to attract capital, institutional inflows increasing; February CPI data already priced in by the market, Fed rate cut expectations remain
- Whales accumulating chips in the $62k–$68k range, chip concentration increasing

**Bearish Factors/Risks**
- US stocks weakening, oil prices elevated, suppressing risk assets
- Short-term holders' cost basis high (around $89k), selling pressure above
- Intense futures long-short contests, volatility amplifying

**Sentiment:** Neutral leaning cautious, ranging at highs awaiting direction

**Summary Operations:** Today focus on shorting rebounds as primary strategy, with pullback long positions as secondary.

**Core Strategy:** Range-bound oscillation as main approach, add positions on breakout following the trend; strictly control position sizing, set stop losses properly. #Gate2月衍生品市场份额创新高 $BTC