This divergence today is pretty interesting to watch.
On one side, ETFs are seeing outflows.
On October 30, U.S. spot BTC ETFs saw net outflows of $643 million in a single day.
Reportedly, it was the biggest outflow day since June.
When institutional money pulls out, the market immediately weakens.
On the other side, Strategy is buying.
Reports say it bought another 811 BTC, worth around $65.5 million.
While others are panicking, it’s still adding to its position at its own pace.
$BTC is now trading around $76,800, down about 2% over 24 hours.
Liquidations over the past 24 hours were around $366 million.
The Fear Index also fell from 37 to 26.
Honestly, I can’t tell who’s right or wrong.
ETF investors are focused on short-term risk, so it’s normal for them to pull out quickly.
Strategy is thinking in terms of long-term positioning, so buying the dip isn’t surprising either.
But this divergence itself is worth keeping an eye on.
Institutions aren’t all moving as one.
Some are exiting, while others are buying.
With the price hovering between $76,000 and $78,000, we’ll see over the next few days who gives in first.
Are you taking the cautious approach of the ETFs, or do you have more faith in Strategy’s buy-more-as-it-falls strategy?
Let’s talk in the comments—I’d like to hear how people with real positions are feeling.
$BTC #市场观察 #比特币 #ETF
This is not investment advice. DYOR. Trading involves risk.
On one side, ETFs are seeing outflows.
On October 30, U.S. spot BTC ETFs saw net outflows of $643 million in a single day.
Reportedly, it was the biggest outflow day since June.
When institutional money pulls out, the market immediately weakens.
On the other side, Strategy is buying.
Reports say it bought another 811 BTC, worth around $65.5 million.
While others are panicking, it’s still adding to its position at its own pace.
$BTC is now trading around $76,800, down about 2% over 24 hours.
Liquidations over the past 24 hours were around $366 million.
The Fear Index also fell from 37 to 26.
Honestly, I can’t tell who’s right or wrong.
ETF investors are focused on short-term risk, so it’s normal for them to pull out quickly.
Strategy is thinking in terms of long-term positioning, so buying the dip isn’t surprising either.
But this divergence itself is worth keeping an eye on.
Institutions aren’t all moving as one.
Some are exiting, while others are buying.
With the price hovering between $76,000 and $78,000, we’ll see over the next few days who gives in first.
Are you taking the cautious approach of the ETFs, or do you have more faith in Strategy’s buy-more-as-it-falls strategy?
Let’s talk in the comments—I’d like to hear how people with real positions are feeling.
$BTC #市场观察 #比特币 #ETF
This is not investment advice. DYOR. Trading involves risk.