๐จ Crypto markets moved sideways on Saturday, with conflicting signals from fund flows!
$BTC is currently around $82,746, up a modest 0.23% over 24 hours and holding above the key $80,000 level; $ETH is around $2,494, down slightly by 0.26% over 24 hours, as the battle around $2,500 continues. BNB is at $749, up 0.72%, while SOL is at $109.9, down 0.45%. Overall, volatility has narrowed considerably.
On the news front, cumulative outflows from spot BTC and ETH ETFs since October have approached $1 billion. ETH-related products have seen net outflows for several consecutive days, suggesting institutions are cautious in the near term. Meanwhile, Thailand has finalized its rules for crypto ETF trading, and BTC and ETH funds could be listed on the Stock Exchange of Thailand as early as next week, further expanding regulated access in Asia.
In the short term, weekend trading volumes are typically low. BTCโs $80Kโ$82K support and $84Kโ$85K resistance remain key levels. Do you think it will break upward first next week, or pull back to retest support? Share your thoughts in the comments ๐
#ๅธๅฎๅนฟๅบ #ๆฏ็นๅธ #ETF
โ ๏ธ Personal views only. DYOR and be aware of the risks.
$BTC is currently around $82,746, up a modest 0.23% over 24 hours and holding above the key $80,000 level; $ETH is around $2,494, down slightly by 0.26% over 24 hours, as the battle around $2,500 continues. BNB is at $749, up 0.72%, while SOL is at $109.9, down 0.45%. Overall, volatility has narrowed considerably.
On the news front, cumulative outflows from spot BTC and ETH ETFs since October have approached $1 billion. ETH-related products have seen net outflows for several consecutive days, suggesting institutions are cautious in the near term. Meanwhile, Thailand has finalized its rules for crypto ETF trading, and BTC and ETH funds could be listed on the Stock Exchange of Thailand as early as next week, further expanding regulated access in Asia.
In the short term, weekend trading volumes are typically low. BTCโs $80Kโ$82K support and $84Kโ$85K resistance remain key levels. Do you think it will break upward first next week, or pull back to retest support? Share your thoughts in the comments ๐
#ๅธๅฎๅนฟๅบ #ๆฏ็นๅธ #ETF
โ ๏ธ Personal views only. DYOR and be aware of the risks.