$BTC dominance has been going up steadly and heavily.
Currently looking to break the May highs of 61%. As the BTC price has been unchanged, it's affecting the alts as the alt prices are going down almost every single day.
South Korea’s Financial Intelligence Unit has ordered access restrictions on 27 websites operated by unregistered overseas cryptocurrency exchanges, including KuCoin, MEXC, Phemex, BingX and BitMart.
$BTC currently trading above $82K which means market has absorved the shock from yesterday.
ETF has been negative last two days, so we need to be cautious. I'm keepinfg my eye sharp for the 82K retest, because that will send the price much higher from here.
Trap or not, I've been looking at some other data like US 10yr bond and US dollar index, both are VERY high. Like significant amount. As we know, these being high are risky for $BTC so take this with a grain of salt. At the same time, BTC ETF inflows have been crazyyy. They keep coming it. This is carrying the BTC price right now.