📉 U.S. inflation data didn’t give Bitcoin a boost; instead, it caused BTC to give back last week’s gains. According to CoinDesk, spot Bitcoin ETFs saw net outflows for two consecutive days—this is the first time this has happened since late July, and altcoins have followed suit with no clear direction. My take is that capital is waiting for more definitive macro signals, and near-term volatility may increase further—don’t rush to buy the dip. Going forward, watch two things: (1) whether the magnitude of ETF outflows expands, and (2) the selling pressure around the $100,000 mark.
$BTC $ETH $BNB
$BTC $ETH $BNB