U.S. crypto ETFs have seen net outflows for five consecutive days!
Since November 5, total outflows have reached $1.44 billion. BlackRock’s IBIT has seen outflows for nine days in a row, with $270 million flowing out just yesterday! Nvidia fell 7% premarket, dragging tech stocks lower as well.
But the data shows that liquidations and market trading volume have both dropped significantly. This suggests retail investors aren’t willing to buy the dip either, and the market has entered a lull. Bearish momentum is fading. MicroStrategy being kicked out of the index today only caused a small dip.
The market outlook will only get clearer from here. Most of the bad news is already out; now we just have to wait for things to gradually play out. The time to buy the dip is getting close!
Intraday strategy: Before the U.S. market opens, keep looking for opportunities to short the storage sector. If you haven’t entered yet, come to Fish Boss’s chatroom for entry levels.
The altcoin short $ARIA that I shared in the chatroom is currently up 55%. The short-term bottom outlook remains bright, so you can look for an opportunity to get in at any time~
#黄仁勋再被曝与下属婚外情，或遭董事会罢免 #Zcash自9月以来首次跌破1000美元
Since November 5, total outflows have reached $1.44 billion. BlackRock’s IBIT has seen outflows for nine days in a row, with $270 million flowing out just yesterday! Nvidia fell 7% premarket, dragging tech stocks lower as well.
But the data shows that liquidations and market trading volume have both dropped significantly. This suggests retail investors aren’t willing to buy the dip either, and the market has entered a lull. Bearish momentum is fading. MicroStrategy being kicked out of the index today only caused a small dip.
The market outlook will only get clearer from here. Most of the bad news is already out; now we just have to wait for things to gradually play out. The time to buy the dip is getting close!
Intraday strategy: Before the U.S. market opens, keep looking for opportunities to short the storage sector. If you haven’t entered yet, come to Fish Boss’s chatroom for entry levels.
The altcoin short $ARIA that I shared in the chatroom is currently up 55%. The short-term bottom outlook remains bright, so you can look for an opportunity to get in at any time~
#黄仁勋再被曝与下属婚外情，或遭董事会罢免 #Zcash自9月以来首次跌破1000美元
