📊 ETF money is flowing out, but the crypto price is still sitting at 81,000, refusing to budge. It’s a pretty subtle picture.
Live snapshot at 12:30: $BTC 81,919 (+0.5%), ETH 2,422 (-0.2%), SOL 104.2 (-0.5%), the weakest of the bunch. None of the four major coins moved more than 1%—a standard Sunday market.
The biggest thing worth discussing today: foreign media say we’ll probably see a second consecutive bearish weekly candle this week. Saturday’s article also mentioned ETF outflows and subdued sentiment. But what about the price? The low was still 79,800 the night before last, while today’s 24-hour low has already climbed to just over 80,800. Money is flowing out, but the price isn’t falling: either someone’s quietly buying the dip, or those looking to sell are holding back. Of course, two days aren’t enough to prove a trend.
With the market moving sideways like this, which side are you on?
A. It’s gathering strength; the longer it stays flat, the bigger the move
B. Something’s off; outflows tell the real story
Occupational hazard kicking in for the ninth time—I’m going with B.
Not investment advice. DYOR
#Bitcoin #Crypto #ETF
Live snapshot at 12:30: $BTC 81,919 (+0.5%), ETH 2,422 (-0.2%), SOL 104.2 (-0.5%), the weakest of the bunch. None of the four major coins moved more than 1%—a standard Sunday market.
The biggest thing worth discussing today: foreign media say we’ll probably see a second consecutive bearish weekly candle this week. Saturday’s article also mentioned ETF outflows and subdued sentiment. But what about the price? The low was still 79,800 the night before last, while today’s 24-hour low has already climbed to just over 80,800. Money is flowing out, but the price isn’t falling: either someone’s quietly buying the dip, or those looking to sell are holding back. Of course, two days aren’t enough to prove a trend.
With the market moving sideways like this, which side are you on?
A. It’s gathering strength; the longer it stays flat, the bigger the move
B. Something’s off; outflows tell the real story
Occupational hazard kicking in for the ninth time—I’m going with B.
Not investment advice. DYOR
#Bitcoin #Crypto #ETF