When the movie theater lets out, the line is still squeezing inward; usually it’s not an extra show, it’s the last wave of emotional FOMO. Solana ETF has seen 5 straight days of inflows—news looks great—but I didn’t chase it on my side. I’m first reducing the $BTC position to 2%.
The reason is simple. The $BTC spot is at 79054. In the past 24 hours, the high-low range is 81272 to 77851—quite a bit of volatility. The contract volume has already become 8.5 times that of spot. The funding rate is only +0.0100%. The price hasn’t really broken out of the range; leverage is heating up first. With this kind of tape, I’d rather treat the ETF positive news as a sentiment amplifier—not as confirmation of a brand-new trend.
Right now, I’ve placed a buy-stop order for $BTC 78400 with a stop-loss at 77680 and a first target at 80300. If it can’t get to 80300, I’ll exit—no chasing in the middle. No problem if the Solana ETF keeps sucking in capital. But if even $BTC can’t break out of the range, then most likely the capital is still rotating, not starting a new major upswing.
Are you on the side of “ETF = keep buying,” or the side of “news is hot, but price hasn’t confirmed”? $BTC #BTC
If you lose, don’t cue me. If you profit, buy me a coffee.
The reason is simple. The $BTC spot is at 79054. In the past 24 hours, the high-low range is 81272 to 77851—quite a bit of volatility. The contract volume has already become 8.5 times that of spot. The funding rate is only +0.0100%. The price hasn’t really broken out of the range; leverage is heating up first. With this kind of tape, I’d rather treat the ETF positive news as a sentiment amplifier—not as confirmation of a brand-new trend.
Right now, I’ve placed a buy-stop order for $BTC 78400 with a stop-loss at 77680 and a first target at 80300. If it can’t get to 80300, I’ll exit—no chasing in the middle. No problem if the Solana ETF keeps sucking in capital. But if even $BTC can’t break out of the range, then most likely the capital is still rotating, not starting a new major upswing.
Are you on the side of “ETF = keep buying,” or the side of “news is hot, but price hasn’t confirmed”? $BTC #BTC
If you lose, don’t cue me. If you profit, buy me a coffee.