#Bitcoin The kind of market action that’s almost like “drawing a gate” really doesn’t have much to say. The breakout implied by data revisions suggests the market has some breakthrough strength, but it lacks stronger confidence to support it.
The data on today’s ETF and crypto funds also makes this clear: market institutional long-term holders (ETFs) and short-term speculators (pure crypto traders) are at odds.
ETFs are continuing to see net inflows and gradually increasing in volume, while funds in the crypto market are showing net outflows. This means short-term uncertainty still remains, but in the medium to long term, capital has already started to make choices!
As things stand—just like what was said a few days ago—once #BTC breaks above the May high, the next pullback will be a great right-side buying opportunity!#比特币升破85200美元
The data on today’s ETF and crypto funds also makes this clear: market institutional long-term holders (ETFs) and short-term speculators (pure crypto traders) are at odds.
ETFs are continuing to see net inflows and gradually increasing in volume, while funds in the crypto market are showing net outflows. This means short-term uncertainty still remains, but in the medium to long term, capital has already started to make choices!
As things stand—just like what was said a few days ago—once #BTC breaks above the May high, the next pullback will be a great right-side buying opportunity!#比特币升破85200美元
