At 4 a.m., Bitcoin was still hovering around $80,000, unable to break higher or drop lower.
I’m leaning bearish, based on the U.S. spot $BTC ETF flow chart. Just last Wednesday, net inflows were over $500 million. Then on Thursday, the trend flipped, with $636 million flowing out. Outflows continued on Friday, bringing the two-day total to nearly $800 million.
The price holding up doesn’t mean the money has come back. If Monday’s figure turns positive, I’ll admit I was too early to short.
The box for Monday on the chart is still blank.
#比特币ETF
This is only my personal opinion and does not constitute investment advice.
I’m leaning bearish, based on the U.S. spot $BTC ETF flow chart. Just last Wednesday, net inflows were over $500 million. Then on Thursday, the trend flipped, with $636 million flowing out. Outflows continued on Friday, bringing the two-day total to nearly $800 million.
The price holding up doesn’t mean the money has come back. If Monday’s figure turns positive, I’ll admit I was too early to short.
The box for Monday on the chart is still blank.
#比特币ETF
This is only my personal opinion and does not constitute investment advice.
