Recently, the influx of funds into Bitcoin ETFs has indeed been rapid. Looking at the latest quotes, BTC is repeatedly battling around $93,860, and it's not far from the $95,000 psychological threshold.

On the technical side, several key levels to watch—$94,200 is the resistance zone at the previous high; once broken effectively, upward momentum will be quite strong; $95,000 is a psychological barrier, breaking through here could signal the start of a new upward phase; below that, $92,500 is a recent critical support level, and losing it may require more time to digest.

Based on the current pace, I estimate the probability of a breakout to be around 60%. ETF purchases are indeed continuous, but the overall market is still waiting for confirmation signals. If institutional funds do not slow down in the next few days, coupled with some positive macro news (like a warming of rate cut expectations), reaching $95,000 this week is possible.

But a reminder—short-term volatility can be rough. Those who truly profit are those who manage their positions well. Spot holders should ignore daily fluctuations, and futures traders must set stop-loss orders to avoid being caught by the market.

In simple terms: the direction is still there, but greed can easily lead to a reversal. When the market is turbulent, staying calm is more valuable than rushing to make quick profits.