Bitcoin and altcoin have risen significantly recently, and their eyes turn to spot buyers after clearing leverage.
Recently, the prices of bitcoin and altcoin have risen significantly. Bitcoin once exceeded the $87,000 mark and then faced selling pressure in the high-cost range of $85,000 to $86,500. Although Bitcoin has recently fluctuated in the range of US$83,000 to US$85,000, Bitfinex analysts pointed out that US$84,000 is a key support level for BTC in the short term, while the opening price of US$87,722 at the beginning of the year is an important resistance level.
Leverage clearance completed, focus on real buyer trends
Bitfinex analysts noted that the recent Bitcoin correction has significantly reduced excessive leverage in the market, causing open interest contracts to fall by more than 10%, with a total liquidation amount of approximately US$581 million. In this context, Bitfinex said that after a large number of leveraged positions have been cleared, if Bitcoin wants to start a new round of gains, real buyers in the spot market must enter.
Bitfinex emphasized that the capital flow of U.S. spot Bitcoin ETFs should be closely monitored. Data showed net daily inflows into ETFs fell to $134.5 million on Friday from $999 million at the beginning of Monday, raising questions about the sustainability of demand. Therefore, Bitfinex believes that this situation is an important indicator of whether strong spot demand can be sustained early this week.
At the institutional level, Strategy bought 1,665 bitcoins for about $142.7 million between September 21 and 27, which is noteworthy.
Bitcoin Key Price Analysis
Bitfinex将2026年BTC开盘价87,722美元视为首要即时阻力位。分析师指出,如果BTC能稳定突破87,722美元,且ETF资金流入加速、机构买盘持续,下一个阻力位可能是平均市值与实现价值比率(MVRV)对应的96,700美元。
目前,Bitfinex将85,000至86,500美元识别为具有高成本基础的显著阻力区,而84,000美元则被认定为长期投资者的关键支撑区。
在下行情景中,Bitfinex指出81,300美元为前期区间高点。如果BTC收盘价跌破81,300美元且ETF资金流入转为负值,77,000美元的“真实市场均值”水平可能发挥作用。Bitfinex分析师表示,该水平被视为BTC的主要支撑位。
分析师还补充道,比特币面临的下一个重大宏观经济考验将是将于9月30日发布的美国核心PCE通胀数据。
*本文不构成投资建议。

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