Classic retail FOMO pattern playing out in real-time.
$BTC ETFs just recorded their largest inflows since May. $ETH ETFs saw their biggest inflows since January.
All it took was a modest bounce and suddenly everyone's a buyer again.
This is exactly how tops form in risk assets. When the crowd floods back in after a small relief rally, it often signals exhaustion rather than a new leg up.
Watch the macro backdrop: if liquidity conditions haven't actually improved and the Fed isn't pivoting, this inflow spike could be late-cycle positioning.
The real alpha is in knowing when NOT to chase.
$BTC ETFs just recorded their largest inflows since May. $ETH ETFs saw their biggest inflows since January.
All it took was a modest bounce and suddenly everyone's a buyer again.
This is exactly how tops form in risk assets. When the crowd floods back in after a small relief rally, it often signals exhaustion rather than a new leg up.
Watch the macro backdrop: if liquidity conditions haven't actually improved and the Fed isn't pivoting, this inflow spike could be late-cycle positioning.
The real alpha is in knowing when NOT to chase.