🚨 Bitcoin net inflows in two days exceed $1.7 billion, BTC breaks above cost basis 🧠
📊 | $BTC | $ETH | $BNB |
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- U.S. spot Bitcoin ETFs saw total net inflows exceeding $170 million within two days
- During the same period, the Bitcoin price broke above the average estimated cost basis held by investors
- The inflows mainly came from increased demand from institutions and retail investors for ETF products
- Improved market liquidity is pushing short-term price fluctuations to the upside 🔥
- If Bitcoin continues to hold above the cost-basis line, the price may rise further
- In the near term, continued ETF capital inflows may strengthen market buying pressure
- Large whale holdings accumulating indicate positive building of positions; an accumulated buying effect is expected in the short term
- If selling pressure emerges, near-term volatility may increase, but the overall trend remains bullish
- Do you think the current ETF inflows can drive Bitcoin to break to new highs this week?
- Welcome to follow this account for more in-depth analysis of the crypto market and to exchange thoughts in the comments
#Bitcoin #ETF #Whales #Crypto #Trading
📊 | $BTC | $ETH | $BNB |
- Please follow, like, and comment to share your views—let’s discuss together 📈
- U.S. spot Bitcoin ETFs saw total net inflows exceeding $170 million within two days
- During the same period, the Bitcoin price broke above the average estimated cost basis held by investors
- The inflows mainly came from increased demand from institutions and retail investors for ETF products
- Improved market liquidity is pushing short-term price fluctuations to the upside 🔥
- If Bitcoin continues to hold above the cost-basis line, the price may rise further
- In the near term, continued ETF capital inflows may strengthen market buying pressure
- Large whale holdings accumulating indicate positive building of positions; an accumulated buying effect is expected in the short term
- If selling pressure emerges, near-term volatility may increase, but the overall trend remains bullish
- Do you think the current ETF inflows can drive Bitcoin to break to new highs this week?
- Welcome to follow this account for more in-depth analysis of the crypto market and to exchange thoughts in the comments
#Bitcoin #ETF #Whales #Crypto #Trading