Many fans ask: How do you view mainstream coins? Also, can short positions be closed and recovered 😂😂
Actually, until now I’m still bullish on $BTC . As for $ETH , I’m seeing it above 2400.
Why is BTC so strong among mainstream coins? The reason is very simple: BTC has been consolidating in a sideways range, but its ETF inflows have not decreased. In August, cumulative ETF inflows reached $951 million. Yesterday, ETF inflows continued at $606 million, which proves that institutions and big players have been continuously accumulating. Over the past two months, major institutions collectively increased their holdings by 43,000 BTC, which is equivalent to $2.75 billion. At the same time, trading volume in the market has also expanded.
Plus, with favorable policy developments: the U.S. SEC has introduced a clear regulatory framework for token issuance, which has already boosted confidence among some big institutions. BlackRock has also stated that it is bullish on BTC long-term. So BTC will continue to rise.
As for the evening market for mainstream coins, it will likely continue, so long positions can be held on.
That’s my thinking about why I’m bullish on BTC—just for reference for everyone！！！
#特朗普敦促国会通过Clarity法案 #ETH突破$2300 #BTC突破$72000 $SOL
Actually, until now I’m still bullish on $BTC . As for $ETH , I’m seeing it above 2400.
Why is BTC so strong among mainstream coins? The reason is very simple: BTC has been consolidating in a sideways range, but its ETF inflows have not decreased. In August, cumulative ETF inflows reached $951 million. Yesterday, ETF inflows continued at $606 million, which proves that institutions and big players have been continuously accumulating. Over the past two months, major institutions collectively increased their holdings by 43,000 BTC, which is equivalent to $2.75 billion. At the same time, trading volume in the market has also expanded.
Plus, with favorable policy developments: the U.S. SEC has introduced a clear regulatory framework for token issuance, which has already boosted confidence among some big institutions. BlackRock has also stated that it is bullish on BTC long-term. So BTC will continue to rise.
As for the evening market for mainstream coins, it will likely continue, so long positions can be held on.
That’s my thinking about why I’m bullish on BTC—just for reference for everyone！！！
#特朗普敦促国会通过Clarity法案 #ETH突破$2300 #BTC突破$72000 $SOL
