Institutional Bids Continue to Lay the Groundwork—Several Data Signals in Crypto Worth Watching Today:

❗ Price: Bitcoin is repeatedly ranging and battling within the 78k–79.5k zone. After a brief push higher to 79k in the morning, it quickly pulled back to 77,500. This kind of “spike up and then retreat” move with limited breakdown magnitude shows that support and resistance within the broader range are still holding.

💰 Flows: CoinShares’ latest weekly report shows that last week, digital asset investment products recorded a total net inflow of $1.2 billion—marking the fourth consecutive week of net inflows. Bitcoin saw inflows of $933 million, while Ethereum saw inflows of $192 million; the latter has maintained a weekly inflow of over $190 million for three straight weeks.

🏛️ Institutional: MicroStrategy’s holdings have reached 815,061 BTC, with a total value of approximately $63.6 billion, making it the largest institutional holder of Bitcoin globally. With ongoing net inflows into ETFs (now in the ninth consecutive trading day of net inflows) combining with corporate buying, the support capacity beneath price pullbacks has strengthened accordingly.

📊 ETF: The total assets under management of digital asset investment products have risen to $155 billion, the highest level since February 1.

Macro Perspective: The Federal Reserve’s policy meeting this week (April 29–30) has a 99.5% probability that current market expectations will keep interest rates unchanged. Most analysts believe that recent capital inflows have not relied on expectations of rate cuts; instead, they more reflect institutions’ demand for structured allocation needs in an environment where rates remain “at a high plateau.” In the short term, as long as the Federal Reserve does not release unexpectedly hawkish signals, there is still a basis for the continuation of current institutional buying momentum.$BTC $ETH $SOL