Bitcoin maintains its bullish trend, supported by expectations of Federal Reserve interest rate cuts and substantial inflows into ETPs. Anticipation of an improved regulatory environment is also boosting institutional investor participation, enhancing market maturity. While caution is advised regarding short-term volatility, the medium- to long-term upward trend is solidifying, positioning the market for further growth.

Bitcoin is showing potential for a weekly close above $115,000, which is viewed as a significant bullish signal for market participants, particularly institutional investors. Expectations of interest rate cuts by the Federal Reserve (Fed) are boosting market sentiment, while technical analysis reveals multiple positive indicators such as a bull flag breakout, Ichimoku Cloud confirmation, and a golden cross. These factors suggest the potential for BTC to rise towards $120,000 and possibly $155,000. However, breaking the $117,000 resistance level and the content of the FOMC minutes could increase volatility, necessitating careful monitoring. For institutional investors, rate cuts provide a tailwind for risk assets, although the nuances in the Fed's guidance may influence short-term market sentiment. Last week saw substantial inflows totaling $3.3 billion across all crypto Exchange-Traded Products (ETPs), with Bitcoin ($2.4 billion) and Solana ($198 million) ETPs notably leading this rebound. This serves as clear evidence of institutional investors expanding their exposure to digital assets within a regulated framework. The growth of the ETP market not only simplifies access to Bitcoin and enhances liquidity but also contributes to market maturity. The increasing interest in Solana can also be interpreted as a sign of institutional capital diversifying into major cryptocurrencies beyond Bitcoin. These inflows suggest restored confidence in the market and strengthen the foundation for medium- to long-term price appreciation. The U.S. SEC Chair's expressed intention to shift from a previous "enforcement-first" approach towards emphasizing "prior notice" for crypto firms is crucial for mitigating regulatory uncertainty. This change implies that companies can expect a more predictable response to compliance issues, thereby enhancing transparency and credibility across the industry. Institutional investors consider regulatory risks a key factor in their investment decisions, and the SEC's more measured and phased approach is likely to lower entry barriers and encourage long-term market investment, fostering innovation and contributing to the industry's sustainable growth. The launch of a blockchain platform for private funds by the London Stock Exchange Group (LSEG) in partnership with Microsoft serves as a strong case for the advancing convergence between Traditional Finance (TradFi) and Decentralized Finance (DeFi). This platform will support the entire lifecycle of digital assets, enabling the trading of tokenized securities and assets. It signifies that the infrastructure is being built for institutional investors to leverage blockchain technology for more efficient and transparent investing. Such expanding adoption of blockchain technology by traditional financial institutions can enhance the overall credibility of the crypto market and act as a catalyst for opening new capital inflow channels. The trend of "Stablecoin 2.0," where stablecoins evolve from mere stores of value into "financial instruments" with yield-generating capabilities, is further enhancing the maturity of the digital asset market. Stablecoins offering yield through tokenized U.S. Treasuries, money market funds, or DeFi protocols present investors with greater opportunities. However, regulatory risks still require attention, as indicated by initiatives like the U.S. GENIUS Act, which aims to restrict direct yield provision by issuers. While this evolution holds the potential to attract broader capital into the digital asset market, close monitoring of regulatory developments and implementing robust risk management are essential. Solana's Supertrend indicator has once again signaled a "buy," historically preceding significant price surges. Furthermore, the establishment of a $500 million treasury by Helius Medical Technologies backed by Solana, alongside substantial investments by Galaxy Digital related to Solana, indicates strong institutional interest and capital inflows into the Solana ecosystem. This suggests Solana is solidifying its position as a leading platform second only to Bitcoin, potentially serving as a factor in keeping sentiment positive across the broader altcoin market. These developments reflect expectations regarding Solana network's technological advantages and future potential, also holding the possibility to drive the overall market recovery. The movement of large amounts of long-held Bitcoin being liquidated presents a short-term price volatility factor. Reports of a whale holding Bitcoin for over eight years exchanging it for Ethereum and subsequently resuming Bitcoin sales serve as a signal warranting attention from market participants. Such "smart money" movements can indicate shifts in market sentiment and capital flows. However, the current market is supported by multiple positive factors, including substantial inflows into ETPs and expectations of regulatory improvements. Whether whale sell-offs will have an impact sufficient to overturn the overall upward trend depends on their scale, duration, and overall market absorption. Overall Summary: Bitcoin is likely to maintain its short-term upward trend, supported by expectations of Fed rate cuts and a strong weekly close. Substantial inflows into ETPs and the growing adoption of blockchain by traditional financial institutions indicate increased institutional interest and market maturity, which will likely support medium- to long-term price appreciation. The U.S. SEC's regulatory approach easing is expected to enhance predictability within the industry and encourage further institutional participation. However, whale sell-offs and the dynamics of altcoins remain factors requiring continued observation for potential market volatility.

The potential inability to break the $117,000 resistance level, along with the content of the FOMC minutes, pose risks that could increase short-term volatility. Potential sales from whales who have held their positions for extended periods could also contribute to short-term downward pressure. Key support levels include the recent low of $110,836 and the psychological level of $110,000.

The current bullish trend is expected to persist over the next 24-48 hours, driven by inflows into ETFs and expectations of Federal Reserve rate cuts. Within the coming week, a test of the $120,000 level is anticipated, potentially paving the way towards $155,000. Key catalysts to monitor include the release of the FOMC minutes, statements from regulatory bodies, and continued inflows into ETFs.

The Bitcoin market is set to continue its unwavering bullish trend, supported by strong fundamentals: expectations of monetary easing from the Federal Reserve, record inflows into Bitcoin ETFs, and the ongoing development of the regulatory landscape. Exceeding $115,000 on the weekly chart signals the substantial entry of institutional investors, dramatically boosting market credibility and liquidity. Furthermore, the expanding adoption of blockchain technology by traditional financial institutions is contributing to Bitcoin's wider proliferation and value appreciation. Short-term risks involve the potential success or failure in breaching the $117,000 resistance level and the revelations within the FOMC minutes; however, these are likely to act as temporary drivers of volatility. Vigilance is also required regarding potential liquidations of long-held Bitcoin, though the market's overall strong buying pressure is expected to absorb such movements. From an investment strategy perspective, the current levels around $115,350 present a favorable entry point. A decisive break above $117,000 is expected to accelerate bullish momentum, paving the way towards targets of $120,000 and ultimately $155,000. Should the price fall below $110,836, it should be viewed as a potential short-term correction, necessitating thorough risk management, including the implementation of stop-loss levels. This week's key focus will be on Bitcoin's ability to overcome the $117,000 resistance level. Clearing this threshold could unlock further upside potential. Conversely, a break below $110,836 warrants heightened caution. It remains crucial to continuously monitor the latest regulatory developments, Federal Reserve monetary policy shifts, and the behavior of major holders ('whales') to adapt swiftly to market changes. By diligently observing these elements while maintaining faith in Bitcoin's immense potential, we should proactively seize investment opportunities. The market is demonstrably maturing, signaling our progression into a new financial paradigm.