Last week, spot market ETF data was released: Bitcoin recorded net outflows of approximately $680 million, ending a three-week streak of inflows. Ethereum also saw outflows of $540 million. ๐ This points to a temporary shift in capital flows.
The main reasons for this shift remain rising U.S. Treasury yields, higher oil prices, and a recovery in the U.S. dollar. โ ๏ธ Market conditions are expected to become more complex, as it has become harder for the large amount of capital in the market to drive new trends, and inflation data and spot transactions will have a greater influence on the market.
There are currently no good short-term speculative opportunities. It is advisable to wait for long-term buying opportunities at lower prices.$BTC
#BTC #ุตูุงุฏูู_ุงูุงุณุชุซู ุงุฑ
The main reasons for this shift remain rising U.S. Treasury yields, higher oil prices, and a recovery in the U.S. dollar. โ ๏ธ Market conditions are expected to become more complex, as it has become harder for the large amount of capital in the market to drive new trends, and inflation data and spot transactions will have a greater influence on the market.
There are currently no good short-term speculative opportunities. It is advisable to wait for long-term buying opportunities at lower prices.$BTC
#BTC #ุตูุงุฏูู_ุงูุงุณุชุซู ุงุฑ