Analysis: The four major DAT giants increased their holdings simultaneously for the first time in six months, helping BTC break through the $70,300 resistance level.
CoinFeed reported on March 13th that Newfire Research Institute, a subsidiary of Newfire Technology (1611.hk), published an analysis stating that BTC successfully broke through the key resistance level of $70,300 with increased volume. Major funds maintained a steady net inflow, effectively clearing out the floating shares that had been fluctuating in the $60,000 range and successfully establishing a new price center. In the past six months, four leading DAT companies—Strategy, MARA, BitMine, and SharpLink—have collectively increased their positions for the first time since March. Latest data shows that these institutions now hold 5.5% of the total BTC supply. This institutional-level "resonance" not only solidified the price center after the breakout but also signifies that the market has entered a consolidation phase of upward movement. At the same time, the traditional financial system is paving the way for Bitcoin's compliance at an unprecedented pace.