#灰度联合Republic推出三只加密基金 Grayscale is up to something new again: three funds all at once. Sounds like an army of institutions is coming to prop up the price. As for $BTC , it hasn’t even reached the 84352 doorframe.
Trading volume was 1.07 billion, exactly the same as usual. In plain English, nobody’s actually putting money in.
Positions are piling up, though. The large-trader long/short ratio is 1.76, with aggressive buy orders outweighing sell orders. Everyone’s in there waiting to be carried higher.
Yet the crypto market cap is still down 1.5% over 24 hours. No fresh money came in—it just moved from somewhere else.
I’m leaning bearish and watching from the sidelines this time. News is news, but if the price doesn’t buy it, it doesn’t buy it. If you want me to change my tune, let it break and hold above that level on strong volume.
Question for anyone who knows: the moment an institutional fund launches, do they first scoop up all the premium off-exchange, or do they honestly enter the market and buy up everything?
#灰度买不买账 #BTC resistance level
Trading volume was 1.07 billion, exactly the same as usual. In plain English, nobody’s actually putting money in.
Positions are piling up, though. The large-trader long/short ratio is 1.76, with aggressive buy orders outweighing sell orders. Everyone’s in there waiting to be carried higher.
Yet the crypto market cap is still down 1.5% over 24 hours. No fresh money came in—it just moved from somewhere else.
I’m leaning bearish and watching from the sidelines this time. News is news, but if the price doesn’t buy it, it doesn’t buy it. If you want me to change my tune, let it break and hold above that level on strong volume.
Question for anyone who knows: the moment an institutional fund launches, do they first scoop up all the premium off-exchange, or do they honestly enter the market and buy up everything?
#灰度买不买账 #BTC resistance level