**👀 On-chain alert: 131 million USDT moved from Bitfinex to Tether Treasury**
This is usually liquidity management, but sometimes it precedes a redemption (burn). On its own, **it doesn't indicate BTC's direction**.
What I look at alongside this:
🔹 Daily chart: oversold, but MACD is still negative
🔹 Sentiment: 47 (Neutral)
🔹 Macro: hot CPI, Fed may hike again, ETFs seeing outflows
A real signal would be a large or repeated burn. I'm keeping an eye on it and will post updates here 🔔
⚠️ Not financial advice. Crypto is high-risk.
#Bitcoin #USDT #Tether #OnChain $NVDAB $BTC
$AAPLB
This is usually liquidity management, but sometimes it precedes a redemption (burn). On its own, **it doesn't indicate BTC's direction**.
What I look at alongside this:
🔹 Daily chart: oversold, but MACD is still negative
🔹 Sentiment: 47 (Neutral)
🔹 Macro: hot CPI, Fed may hike again, ETFs seeing outflows
A real signal would be a large or repeated burn. I'm keeping an eye on it and will post updates here 🔔
⚠️ Not financial advice. Crypto is high-risk.
#Bitcoin #USDT #Tether #OnChain $NVDAB $BTC
$AAPLB