After BTC falls below 96,000, institutions are actually increasing their positions.

According to the latest news, BTC briefly fell below the 96,000 USDT level and is now quoted at 95,990.5 USDT. This short-term correction may seem minor, but the underlying market sentiment warrants attention. Rather than viewing this as bearish, it could be a good opportunity for institutional positioning—Wall Street giants like Morgan Stanley and BlackRock are increasing their positions, and on-chain whales are quietly adding to their holdings.

Background of Short-Term Volatility

BTC has experienced a slight correction in recent days. Data shows that BTC has gained 1.29% over the past 24 hours but has decreased by 0.14% within the last hour. Such short-term fluctuations are common in the crypto market, especially when prices approach key psychological levels, often leading to technical adjustments.

It is worth noting that BTC’s medium-term performance remains strong:

• 7-day increase: 8.24%
• 30-day increase: 11.33%
• Market share: 59.04% (hitting a new all-time high)
• 24-hour trading volume: $5.909 billion

This indicates that the recent dip below the 96,000 level does not alter BTC’s recent upward trend.

Institutional Positioning Is Heating Up

Compared to minor price fluctuations, the actions of institutions are more noteworthy. According to the latest information, Morgan Stanley has submitted applications for spot Bitcoin and Solana ETFs, becoming the first major U.S. bank seeking to launch its own spot Bitcoin fund.

Currently, the market size of Bitcoin ETFs has reached $123.5 billion, with:

• BlackRock iBIT: $70.6 billion
• Fidelity FBTC: $17.7 billion
• Other institutions: $35.2 billion

Morgan Stanley’s entry signifies a further deepening of traditional finance’s recognition of Bitcoin. This is not about chasing highs at the top but a strategic move during a short-term correction.

On-Chain Data Shows Optimism

From on-chain whale behavior, large funds are not panicking. According to monitoring data, whales dubbed “Strategy Opponent” have further increased their long positions in BTC, ETH, and SOL, with a total value now reaching $471 million.

This signal is clear: institutional investors holding large sums are adding to their positions during price adjustments rather than reducing them.

The Other Side of Market Sentiment

Options market data also reflects optimism about BTC’s future. According to the latest information, some investors are betting on BTC surpassing $150,000 before June with a $33,000 strike price. Although this is a single options trade, it indicates a strong market expectation for long-term bullishness.

Is This a Short-Term Correction or the Night Before a Rebound?

From a technical perspective, BTC has been oscillating between $91,000 and $96,000, which often indicates accumulation. Coupled with institutional positioning, whale accumulation, and bullish options bets, a dip below $96,000 appears more like a shakeout rather than a trend reversal.

My personal view is that such short-term corrections can be opportunities for long-term holders to add positions. However, short-term traders should watch the $91,000 support level—if it breaks, it could signal a larger correction.

Summary

BTC’s dip below 96,000 USDT is a short-term technical adjustment but does not change the market’s fundamentals. Institutional entry, whale accumulation, and bullish options signals all point to a positive outlook for BTC’s medium to long-term prospects. Short-term volatility is normal; the key is to distinguish between a correction and a trend reversal. Currently, the environment appears more like the former.