The $526 million in net inflows to the $BTC ETF on October 19 looked impressive, but really it was just BlackRock dancing alone.
Off-exchange money is only interested in BTC, while $ETH and $SOL are bleeding like crazy. In this zero-sum market, all the liquidity has been sucked dry.
If you’re holding spot, stick with $BTC and don’t overtrade. Futures traders should steer clear of altcoins at this level. $ETH has weak buying support—don’t try to buy the dip until funding rates start turning around.
This market divergence is a great chance to test your skills in Binance’s S6 Trading Tournament. Zero trading fees mean more money in your pocket—don’t make a bunch of trades just to hand all your profits to the platform.
BTC is sucking up all the liquidity while everything else dries up. How much longer do you think $ETH will keep bleeding? Comment 1 if you’re bullish on a rebound, or 2 if you think it’ll keep falling.
#Write2Earn #BinanceSquare #BTC ETF #TradingTournament
Off-exchange money is only interested in BTC, while $ETH and $SOL are bleeding like crazy. In this zero-sum market, all the liquidity has been sucked dry.
If you’re holding spot, stick with $BTC and don’t overtrade. Futures traders should steer clear of altcoins at this level. $ETH has weak buying support—don’t try to buy the dip until funding rates start turning around.
This market divergence is a great chance to test your skills in Binance’s S6 Trading Tournament. Zero trading fees mean more money in your pocket—don’t make a bunch of trades just to hand all your profits to the platform.
BTC is sucking up all the liquidity while everything else dries up. How much longer do you think $ETH will keep bleeding? Comment 1 if you’re bullish on a rebound, or 2 if you think it’ll keep falling.
#Write2Earn #BinanceSquare #BTC ETF #TradingTournament