440K sounds like a slogan, but if you calculate it using historical data, it’s actually not that far-fetched.
The high point of each cycle is several times higher than the low point of the previous one. If this round keeps the same pace, the result falls within that range.
SuperTrend turned bullish, which means the weekly trend has been confirmed.
Since that move in 2023, BTC has traveled quite a long way. This time, with the same signal appearing, it at least shows that the structure is changing.
I lean bullish, but I won’t go all in just because of one indicator.
Single-day inflow of 731M, the largest in the past 8 months. #IBIT alone took in 454M.
After three weeks, it’s nearly 4 billion USD, with total assets breaking 100 billion. Then the employment data came out, and #BTC fell back from 82K to 80K.
But the #ETH and #XRP ETFs were still seeing inflows on Friday, taking in another 175M.
Prices are falling, money is coming in — this divergence is what’s worth watching.
7.2 billion versus 2.3 billion, the bulls are overwhelming.
This data alone doesn't say much, but when you add the fact that the price is right at a key resistance level, it's something to watch closely.
If the market is still accelerating, there may be a short squeeze rally—but whether it squeezes the shorts or the longs depends on who gives out first.
I don't have a conclusion, but I'll take a closer look at this ratio. Usually when it reaches an extreme, the market adjusts itself.
Robinhood collected 8.2 million in fees in a single day, while processing only 14 million transactions.
On the same day, Solana collected 530,000 in fees and processed 309 million transactions.
With only 6.5% of Robinhood's fee cost, Solana users completed 22 times the transaction volume.
This is not a criticism of Robinhood; it's just the math. The same trading behavior costs more than ten times as much on one platform, and it's still slower.
Which one you choose is up to you. I choose Solana.
The structure has indeed improved, but the RSI signal has also appeared.
Every time in this round after being overbought, there has been a pullback. If this time is the same, then the current optimism has actually become a risk.
I'm not saying it will definitely fall, but chasing in at this position isn't very attractive in terms of risk-reward.
Let's wait until 82-84K is broken with volume before saying more.