JUST IN: 🇭🇰Hong Kong Bitcoin ETFs launching in 4days. | BitEagle News on Binance Square

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JUST IN: 
🇭🇰Hong Kong Bitcoin ETFs launching in 4days.
 
Chinese investors with Hong Kong residence permits will be allowed to buy shares in these Bitcoin ETFs.
#etf #BitEagleNews  

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Market seeing some consecutive days of green lately. To early to call for "We're totally back or up-only" (want to see some more data for that) but it feels good nonetheless. Expecting a bit more chop here personally, which would actually be a really favorable position for the market to be in. I said it before but at some point the market will just range around a certain area, make a bottom and slowly move up from there again. Yet most people won't be here anymore to see it or just not believe in it anymore due to the previous pain and vicious drops the market has given them. Everything will look like a scam pump but in reality there will be a move made by the markets that isn't anymore. A move that will highlight the start of the next rally. The footprints left behind will reveal soon if we are close to that or not.

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RWA just hit $10b in TVL for the first time ever. One of the most obvious and bullish narratives in crypto.

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Crypto thrives on liquidity. When people are spending, it signals they; a) have disposable income, and b) there is willingness to take financial risk (sentiment). Right now, we're experiencing a downturn in consumer sentiment. Currently households are delaying spending, waiting to see how new policies play out. Even giants like Walmart and Target are guiding lower. Risk assets like crypto don't thrive in cautious environments. Remember that we're not in a vacuum.

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The person who chases two rabbits catches neither. This saying rings especially true for crypto. To develop a real edge, you need to go DEEP and become an expert at ONE thing. It could be LTF trading, news trading, fundamental analysis into AI, DeFi, content creation, working for a project etc. Just pick one thing and stick to it.

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Good odds we will be seeing some much and well needed relief on Ethereum($ETH ) soon. We know even the smallest uptick in ethereum's price already sends plenty of alts soaring. So expect a decent reaction when it does.

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