$ETH Ethereum spot ETF has continued inflows for one week totaling $700 million (BlackRock significantly increased its holdings). With the September election approaching, Trump needs funding support, and since there is also a large amount of short-sell order “chips” at the bottom, it’s clear that this is now a washout. U.S. stock market funds are starting to gradually move into $BTC , so during this period, stocks are likely to fall while the crypto market rises. But as September approaches—once institutional funds start to take profits, or if the election turns unfavorable for Trump—the probability of a sudden “big BTC waterfall” is very high. For short-term futures trading, you can only do swing trades with a broader mindset. For the current market, honestly, it’s absolutely a total disaster!
#btc