Capital Flow Momentum Strategy: Spot Bitcoin ETFs saw net inflows for the ninth straight day, totaling about $3.1 billion. The number of consecutive days of net inflow is the momentum indicator. Institutional buy orders keep coming without interruption, and any price pullback is generally quickly absorbed. BTC is currently trading at 83,895, up 1.1% over the past 24 hours, and is within a window of sustained capital injection.
Ethereum and Zcash products turned to net outflows, with the money concentrating toward BTC. Based on current prices, the strategy signals are bullish: as long as the pullback does not break below the low of the previous day, net inflows can continue. If you really want to reduce positions, you would need to wait for net inflows to stop and switch to consecutive net outflows. #BTC
Ethereum and Zcash products turned to net outflows, with the money concentrating toward BTC. Based on current prices, the strategy signals are bullish: as long as the pullback does not break below the low of the previous day, net inflows can continue. If you really want to reduce positions, you would need to wait for net inflows to stop and switch to consecutive net outflows. #BTC