It’s the weekend, and BTC is still grinding around $76,000.
What’s interesting is the contrast:
Spot ETFs saw $842 million in net outflows over November 5 and 6
Nearly $870 million has flowed out in just four trading days so far this month
You’d think that kind of selling pressure would have broken the price level by now
But what happened? BTC is stuck around $75,800
The 30-day lowest closing price is $75,775—it came right up to the line but didn’t break below it
Funding rate: 0.0064%; neither bulls nor bears are using much leverage
RSI: 37.9—not oversold, just nobody willing to chase
Meanwhile, long-term buyers are quietly adding to their positions
Strive’s third-quarter earnings report: it bought 15,124 BTC in October alone
Strategy bought another 811, bringing its total holdings to 849,000 BTC
ETF money is flowing out, while treasury companies’ money is flowing in
One is passive redemptions; the other is active accumulation
The $75,000 level is where these two kinds of money are changing hands
U.S. stock markets are closed for the weekend, so volume will only get thinner
Can BTC hold above $75,000 at Sunday’s close? We’ll find out before next week’s CPI—this is the moment of truth
Which do you think is the stronger signal: ETF outflows or the price holding up?
$BTC $ETH
#市场观察 #比特币 #ETF
This is not investment advice. DYOR. Trading involves risk.
What’s interesting is the contrast:
Spot ETFs saw $842 million in net outflows over November 5 and 6
Nearly $870 million has flowed out in just four trading days so far this month
You’d think that kind of selling pressure would have broken the price level by now
But what happened? BTC is stuck around $75,800
The 30-day lowest closing price is $75,775—it came right up to the line but didn’t break below it
Funding rate: 0.0064%; neither bulls nor bears are using much leverage
RSI: 37.9—not oversold, just nobody willing to chase
Meanwhile, long-term buyers are quietly adding to their positions
Strive’s third-quarter earnings report: it bought 15,124 BTC in October alone
Strategy bought another 811, bringing its total holdings to 849,000 BTC
ETF money is flowing out, while treasury companies’ money is flowing in
One is passive redemptions; the other is active accumulation
The $75,000 level is where these two kinds of money are changing hands
U.S. stock markets are closed for the weekend, so volume will only get thinner
Can BTC hold above $75,000 at Sunday’s close? We’ll find out before next week’s CPI—this is the moment of truth
Which do you think is the stronger signal: ETF outflows or the price holding up?
$BTC $ETH
#市场观察 #比特币 #ETF
This is not investment advice. DYOR. Trading involves risk.