Brothers, the latest ETF data is really painful to look at. Last week, U.S. spot BTC ETFs saw net outflows of about $679 million—their largest in nearly four months. ETH ETFs also saw outflows of over $500 million, with outflows continuing for several days in a row. This has taken away an important source of support for the market. BTC has held up relatively well, but the market as a whole is still under pressure.
Wintermute’s analysis says Fed minutes showed that most officials expect another rate hike before the end of the year. The 10-year Treasury yield surged, making things tough for risk assets across the board. The S&P 500 is still hitting new highs, but money is flowing out of crypto. The good news is that BTC’s market dominance has risen to 59.5%, suggesting money is concentrating in larger coins—while altcoins are getting hit even harder. $ETH is moving around the $2,500 mark and performing somewhat worse than $BTC , while $BNB is fluctuating around $740.
I think the main things to watch in the short term are today’s CPI data and whether ETF inflows can return. If inflows pick up again, the market has a chance to recover; if outflows continue, we could see more sideways trading or a gradual decline. If you’re trading futures, be careful not to increase your leverage in this kind of environment—the risk of liquidation is high. For spot trading, you can watch for opportunities on pullbacks, but don’t rush to go all in.
In the long run, institutional adoption is still moving forward, and Saylor is still buying. The underlying narrative hasn’t changed. But at this stage, patience is what matters most. Give that follow button a tap, and you’ll get the latest updates next time!
Technically speaking, BTC has support at $81K and resistance at $84K; a breakout will need a catalyst. For ETH, if it can hold above $2,500, there may be room for a rebound, but for now it’s still following BTC’s lead. As an exchange token, BNB has support from its burn mechanism, making it somewhat more independent.
Brothers, that’s just how the market works—money flows in and out. Don’t let short-term volatility scare you. Stick to your own strategy, be cautious with futures, and be patient with spot.
Wintermute’s analysis says Fed minutes showed that most officials expect another rate hike before the end of the year. The 10-year Treasury yield surged, making things tough for risk assets across the board. The S&P 500 is still hitting new highs, but money is flowing out of crypto. The good news is that BTC’s market dominance has risen to 59.5%, suggesting money is concentrating in larger coins—while altcoins are getting hit even harder. $ETH is moving around the $2,500 mark and performing somewhat worse than $BTC , while $BNB is fluctuating around $740.
I think the main things to watch in the short term are today’s CPI data and whether ETF inflows can return. If inflows pick up again, the market has a chance to recover; if outflows continue, we could see more sideways trading or a gradual decline. If you’re trading futures, be careful not to increase your leverage in this kind of environment—the risk of liquidation is high. For spot trading, you can watch for opportunities on pullbacks, but don’t rush to go all in.
In the long run, institutional adoption is still moving forward, and Saylor is still buying. The underlying narrative hasn’t changed. But at this stage, patience is what matters most. Give that follow button a tap, and you’ll get the latest updates next time!
Technically speaking, BTC has support at $81K and resistance at $84K; a breakout will need a catalyst. For ETH, if it can hold above $2,500, there may be room for a rebound, but for now it’s still following BTC’s lead. As an exchange token, BNB has support from its burn mechanism, making it somewhat more independent.
Brothers, that’s just how the market works—money flows in and out. Don’t let short-term volatility scare you. Stick to your own strategy, be cautious with futures, and be patient with spot.