Let’s break down this news:
① What happened: Last week, spot Bitcoin ETFs saw net outflows of $229 million, while spot Ethereum ETFs saw net outflows of $320 million.
② Why it matters: The news is bearish, and sentiment and leveraged funds are likely to feel the impact first. The key question is whether the selling pressure is a one-off flush or something that builds gradually.
③ What I’ll be watching: The first big candle after the news breaks, and whether other media outlets follow up with coverage.
④ What I’ll do: I won’t rush to buy the dip. I’ll wait for the selling pressure to clear and the candles to stabilize before deciding.
At the end of the day, $BTC is currently at 82662.77, up 1.11% over 24 hours, with an intraday range of 80684.36–82882.
Different people interpret the same news very differently depending on their time horizon. Where do you think things go from here?
This article is for informational purposes only and does not constitute investment advice.
① What happened: Last week, spot Bitcoin ETFs saw net outflows of $229 million, while spot Ethereum ETFs saw net outflows of $320 million.
② Why it matters: The news is bearish, and sentiment and leveraged funds are likely to feel the impact first. The key question is whether the selling pressure is a one-off flush or something that builds gradually.
③ What I’ll be watching: The first big candle after the news breaks, and whether other media outlets follow up with coverage.
④ What I’ll do: I won’t rush to buy the dip. I’ll wait for the selling pressure to clear and the candles to stabilize before deciding.
At the end of the day, $BTC is currently at 82662.77, up 1.11% over 24 hours, with an intraday range of 80684.36–82882.
Different people interpret the same news very differently depending on their time horizon. Where do you think things go from here?
This article is for informational purposes only and does not constitute investment advice.