BTC hit 81 and a half thousand yesterday for the first time since mid-May, and everyone was already preparing to write a new ATH.
Then, within a few hours, the price pulled back to 78.5, and the Fear & Greed Index fell from 74 to 65 in one day—meaning the market itself cooled down a bit even before any external news.
And right today, against this backdrop, HUMA gets unblocked: 16.7% of the circulating supply immediately enters the market—nearly $9.5 million worth of new supply at the exact moment when overall sentiment had already started to cool.
Tomorrow, the Jackson Hole symposium starts, so the market is basically heading into the main macro event of the week already a little tired after a sharp rally, with additional sell-pressure from supply on certain tokens.
When price retraces and sentiment drops even further all the way to the macro news itself, it’s worth asking whether the market is preparing for a continuation—or just exhaling ahead of time.
$BTC $HUMA #USBitcoinETFsExtendInflowsToSixthDay
Then, within a few hours, the price pulled back to 78.5, and the Fear & Greed Index fell from 74 to 65 in one day—meaning the market itself cooled down a bit even before any external news.
And right today, against this backdrop, HUMA gets unblocked: 16.7% of the circulating supply immediately enters the market—nearly $9.5 million worth of new supply at the exact moment when overall sentiment had already started to cool.
Tomorrow, the Jackson Hole symposium starts, so the market is basically heading into the main macro event of the week already a little tired after a sharp rally, with additional sell-pressure from supply on certain tokens.
When price retraces and sentiment drops even further all the way to the macro news itself, it’s worth asking whether the market is preparing for a continuation—or just exhaling ahead of time.
$BTC $HUMA #USBitcoinETFsExtendInflowsToSixthDay