#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Analyzing the 4-hour Candlestick Chart of Trb, it can be observed that the MACD histogram, although remaining in the positive zone, is showing a trend of gradually shortening. This technical indicator suggests that the short positions pressure in the market is gradually diminishing. Based on this technical analysis, the current price around 37 may present a good get on board opportunity, with the price expected to break upwards towards the resistance levels of 43, 46, or even near 50. This pattern of weakening short positions typically indicates a potential opportunity for an upward breakout in the future. Investors should closely follow the subsequent changes in trading volume to confirm this technical formation.