#Wallstreet
Wall Street went on a huge buying spree last week, leaving crypto "frozen in place"! Crypto ETFs saw $1.48 billion in net outflows, while 10 U.S. stock ETFs attracted a whopping $37.5 billion.
What attracted Wall Street's money last week?
After the S&P 500 crash on 5/11, the whales took the opportunity to buy the dip in deeply discounted stocks! The VOO ($16.9 billion), QQQ ($5.3 billion), and SOXL ($2.1 billion) funds attracted massive inflows, in stark contrast to the continued outflows from Bitcoin and Ethereum ETFs.
What should traders do?
• Watch BTC's $67,000 support level and ETF flows returning.
• Limit leverage and use DCA to allocate funds safely.
This is not financial advice.
Click trade below to support me: $NVDAB
$SNDKB
$AGT
#CryptoMarket #BitcoinETFs #WhatWillDriveCryptoandStocks’NextRebound? #TradingStrategy #MarketAnalysis #VINHTOCDO
Wall Street went on a huge buying spree last week, leaving crypto "frozen in place"! Crypto ETFs saw $1.48 billion in net outflows, while 10 U.S. stock ETFs attracted a whopping $37.5 billion.
What attracted Wall Street's money last week?
After the S&P 500 crash on 5/11, the whales took the opportunity to buy the dip in deeply discounted stocks! The VOO ($16.9 billion), QQQ ($5.3 billion), and SOXL ($2.1 billion) funds attracted massive inflows, in stark contrast to the continued outflows from Bitcoin and Ethereum ETFs.
What should traders do?
• Watch BTC's $67,000 support level and ETF flows returning.
• Limit leverage and use DCA to allocate funds safely.
This is not financial advice.
Click trade below to support me: $NVDAB
$SNDKB
$AGT
#CryptoMarket #BitcoinETFs #WhatWillDriveCryptoandStocks’NextRebound? #TradingStrategy #MarketAnalysis #VINHTOCDO
