This ETF money really doesn't seem to have any intention of

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This ETF money really doesn't seem to have any intention of cooling off!
For it to drop, that's extremely difficult, really.
Even though the technical signals are so certain that it should pull back.
But in reality, the demand is just too hot and too popular.
So don’t short it.
Honestly, find a good entry point and go long.
#以太坊ETF连续11日净流入

疯狂的Jerrick

K-lines can be misleading, but money won’t: BTC’s true direction is already pretty clear

Once again—don’t short, don’t short!
Look at how smooth the ETF buying is.
Just look at the big moves from these well-funded institutions.
Basically, it uses a daily DCA (dollar-cost averaging) mechanism.
They forced those short-selling funds and propped them up to the current level.
Until it breaks above the previous high of 82800, I really don’t recommend shorting.
At least, I won’t easily exit or hold a short position.
If you’re going to do anything, then you should do longs.
Last night’s statements from Oush did indeed trigger a wave of declines across the whole U.S. stock market, crypto, and gold.
And Bitcoin has also truly broken below the 4-hour rising trend range.
Purely from a technical analysis standpoint, it’s indeed tilted bearish.

Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.

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