Like a mall escalator: when the person in front just steps on, the person behind automatically gets pushed forward. ETF inflows are exactly like that escalator. $ETH has been described as the “engine”—that’s fine—but the market isn’t hot enough for blindly chasing trades.
$BTC spot is 78734, and it’s still green over the past 24 hours; the funding rate is only +0.0098%. For $ETH the funding rate is +0.01%, yet the contract/spot trading volume ratio is as high as 12.5x. They talk about spot being bullish, but in practice it’s the futures contracts that charge first.
On my side, I didn’t add more to $ETH . Above 2460 I only kept a 2% test position; if it falls back below 2414, I’ll exit. An engine is an engine—but if you press the gas too hard, it can still spin its wheels. $BTC $ETH #比特币 #Ethereum
$BTC spot is 78734, and it’s still green over the past 24 hours; the funding rate is only +0.0098%. For $ETH the funding rate is +0.01%, yet the contract/spot trading volume ratio is as high as 12.5x. They talk about spot being bullish, but in practice it’s the futures contracts that charge first.
On my side, I didn’t add more to $ETH . Above 2460 I only kept a 2% test position; if it falls back below 2414, I’ll exit. An engine is an engine—but if you press the gas too hard, it can still spin its wheels. $BTC $ETH #比特币 #Ethereum