Bitcoin Daily

📊 Since May 7, US Spot BTC ETFs have mostly recorded net outflows. It can be seen that: • Institutional demand may be slowing in the short term • ETF outflows continue adding supply to the market • Current buying pressure has not fully absorbed the selling yet Interesting part 👀 Despite weeks of continuous outflows, BTC has not seen a major breakdown so far, suggesting spot demand may still be absorbing part of the sell pressure.

📉 BTC dropped from $79K to $74K 📈 Rebounded back near $77K • Momentum is slowing • Market activity is cooling • Sentiment remains weak But 👀 • Sell pressure is easing • Panic selling may be fading • Early stabilization signs are appearing Still need stronger volume for a real breakout confirmation.

The NEW FED 🇺🇸 Chair: “If you’re under 40, Bitcoin is your new gold.”

📊 Bitcoin Ecosystem Weekly Update • Bitcoin DeFi TVL: $5.09B • 83 active DeFi protocols • Lightning Network capacity: 5,057 BTC • Bitcoin L2 TVL: $301.6M across 10 chains Bridge infrastructure continues dominating Bitcoin DeFi activity, while restaking and BTC-backed liquidity remain among the strongest narratives in the ecosystem. Despite recent market volatility, BTCFi activity is still holding well above pre-2024 levels, showing that Bitcoin’s on-chain ecosystem continues expanding beyond simple BTC holding. Follow @BTC_DailyAlpha for more real-time Bitcoin ecosystem updates

🕵️ American Bitcoin Corp added 200 BTC and now holds 7,500 BTC, ranking #15 among public Bitcoin holders

Bitcoin meme ecosystem update: Projects like $ORDI, $SATS, $DOG, $RATS, $BDC, $MIM, $PUPS, and $PIZZA continue representing the meme and culture-driven side of the Bitcoin ecosystem. While most Bitcoin meme tokens remain under pressure after recent corrections, activity around Ordinals and Bitcoin-native assets still continues across the market. Unlike previous cycles, the Bitcoin ecosystem is now developing its own meme culture alongside BTCFi, scaling, and infrastructure narratives.

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@OnwukweToochukw 🤝

@BTC_DailyAlpha Thanks for sharing buddy.

Top 5 U.S. Spot Bitcoin ETFs now hold 1,239,336 $BTC, worth over $95.3 billion.

Gold vs Bitcoin. Boomers vs Zoomers. Which side are you on?

$BTC Price on Bitcoin Pizza Day 🍕 Today: $75,469 2025: $110,568 2024: $70,190 2023: $26,774 2022: $29,492 2021: $37,340 2020: $9,060 2019: $7,958 2018: $8,355 2017: $2,109 2016: $439 2015: $241 2014: $523 2013: $123 2012: $5.10 2011: $6.12 2010: $0.004

🍕 From 2 pizzas to hundreds of millions. Happy Bitcoin Pizza Day!

Bitcoin Ecosystem DEX Projects Update 🚀 @_WOOFi @symbiosis_fi @PortaltoBitcoin @infinex @rhea_finance @LnfiNetwork Bitcoin DeFi is slowly cooking. More projects expected as L2s scale. 📈

4. The internal metrics suggest that recent price action is being dictated more by options positioning and derivative hedging requirements than by organic, spot-driven accumulation. The $75,000 mark has evolved past a simple technical support level into a critical liquidity pivot for the options market. Until this concentrated short gamma position decays or a decisive US spot ETF bid re-emerges to absorb the distribution, Bitcoin is highly likely to experience choppier, non-directional price action within this established range.

3. 🔍 Asymmetric Boundaries: Overhead Resistance vs. Fragile Floor The current aggregate gamma profile places Bitcoin within a highly constrained structural corridor: - Overhead ($82,000): Nearly $2 billion in positive gamma acts as a natural dampener to upward volatility, forming a heavy resistance zone that requires aggressive spot accumulation to break. - The Floor ($75,000): The concentrated $2.5 billion negative gamma zone makes the market exceptionally sensitive to down-moves, where algorithmic dealer hedging flows could amplify sell-side pressure.

📊 Decoding Options Positioning: The $75,000 Strike as a Psychological Crux While Bitcoin spot charts exhibit a low-volatility consolidation phase, underlying derivatives data tells a more nuanced story. Beneath the surface of this sideways price action, a significant concentration of options open interest is shifting the market’s internal mechanics around the $75,000 mark. Here is a breakdown of the structural forces currently at play. 👇

📊 Nearly 3.93M BTC worth over $301B is now held by ETFs, companies, countries, and DeFi protocols, representing around 18.7% of Bitcoin’s total supply. ETFs and public companies alone already control more than 2.7M BTC, highlighting how institutional adoption continues reshaping Bitcoin’s market structure 👀

📊 Macro pressure returned to crypto markets in Week 20 as inflation concerns quickly replaced expectations of Fed rate cuts. According to Wintermute, market sentiment shifted from “when cuts” to “whether hikes” in just a few trading days following stronger inflation data and rising bond yields. Bitcoin briefly pushed above $82K on momentum surrounding the Clarity Act narrative, but the move failed to hold as broader macro pressure intensified. Weekly performance: • $BTC: -5.7% • $ETH: -10.2% • ETH/BTC fell to ~0.0275 Wintermute noted that the recent BTC breakout appeared to be driven more by leverage and short-covering than strong spot demand, raising concerns about the sustainability of the rally. For now, the $76K–$78K zone remains one of the most important near-term support areas for Bitcoin 👀