[April 8 Market: Wall Street Giants Officially "Take Over," Has the "Golden Hole" BTC Been Closed?]

📅 Date: April 8, 2026
💰 Current Price: ~ $71,190
🚀 Major Events Today:
1. Morgan Stanley (MS) enters: Today, MS officially launched their Bitcoin ETP (MSBT), with low fees up to 14BP. This is the first crypto product from a major US bank that directly challenges BlackRock's dominance.
2. Capital flows reverse: After net outflows in Q1, the last few trading days of April saw ETF inflows of over $3 billion. As I mentioned before, the "floating loss pieces" are being absorbed by more patient institutional funds.
3. Recovery of key levels: BTC managed to stay above the psychological level of $70,000, with bearish retracement shadows in 47% beginning to fade.
🔍 Market Depth Analysis:
• Institutional cost locking: Morgan Stanley chose to enter at the retracement low, sending a very strong signal: top Wall Street elites consider the current "large floating loss zone" as the foundation for long-term value.
• Changes in ownership structure: With Schwab (Charles Schwab) also starting to push spot trading, BTC is transforming from a "speculative asset" into a "global allocation asset." Those who sold at 64,000 have personally contributed fuel for this rebound.
📉 Today's operational strategy:
• Support levels: First support at $70,000 (has shifted from resistance to support), strong support at $68,500.
• Pressure levels: Immediate target towards the highest area at $73,000.
• Strategy: Since the "bearish bottom zone" has already formed, the current approach should shift from "defense" to "moderate attack." Watch for rebound opportunities $ETH and $SOL after the market stabilizes.
💬 Interactive Topic:
With Morgan Stanley already in, and Charles Schwab also coming, do you think this wave can break through the record high directly and reach $100,000?
$BTC $ETH $SOL