A reminder on ETF flow strategy from on-chain analytics firm Ecoinometrics: The momentum fueled by BTC ETF inflows won’t last forever. If inflows slow, don’t assume the trend will continue. BTC is currently at 83,088, up just 0.5% in 24 hours, with relatively modest momentum—not a phase of one-way acceleration.
At the current price, keep an eye on 83,000 in the short term: If BTC holds above it and ETF inflows continue, follow the trend and go long. If it falls below 83,000 and inflows weaken, reduce your position first and wait for a confirmed retest—don’t chase. #BTC
At the current price, keep an eye on 83,000 in the short term: If BTC holds above it and ETF inflows continue, follow the trend and go long. If it falls below 83,000 and inflows weaken, reduce your position first and wait for a confirmed retest—don’t chase. #BTC