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#比特币市场分析# The recent movements of Bitcoin miners are worth following. Data shows that miner reserves have risen to 1.8 million BTC, reaching a weekly high, while the flow of miners to the exchange has decreased by 10%. This indicates that miners generally have a positive outlook for the future and are choosing Coin Hoarding rather than dumping. Additionally, with the inflow of Spot ETF funds turning positive and institutional demand rebounding, there is a significant chance that BTC will challenge the $120,000 mark in the short term. However, breaking through the $118,851 resistance level is key. I will closely monitor miner behavior and institutional capital flows to adjust my Position accordingly. After all, the market changes rapidly; experience brings true knowledge, and effective risk control is the way to go.