BTC rises back to $65,000. Should you buy now or wait? Three data points give you the answer.

BTC rebounded this week from $61,824 to around $65,000, but there is clear disagreement between bulls and bears at the current level. The question now isn’t whether BTC can still rise, but rather how funds should be allocated. Three data points are worth paying attention to: 1. Leverage is not overheated, so there is still room for the rebound
BTC funding rates have turned positive again, but have not reached extreme levels, indicating that bulls are returning but the market has not seen irrational buying. 2. ETH outperformed BTC, funds are rotating
ETH rose about 2.46% this week, stronger than BTC, suggesting that funds are starting to move toward mainstream assets with greater flexibility. 3. Institutional activity is increasing, but there is still overhead pressure
BlackRock-related addresses transferred BTC, US government addresses deposited funds into an exchange, and whale moves all suggest potential selling pressure above $65,000. Current strategy: If BTC pulls back to $62,000-$63,000, consider opportunities to gradually build positions; if it breaks out on high volume above $65,000-$66,000, then consider following the trend. In the short term, don’t rush into a full position to chase price increases; near $65,000, it is more important to wait for the market to reveal its direction.