🚨ETH STILL HAS ALMOST 10 TIMES MORE LIQUIDITY ABOVE THE CURRENT PRICE.
Despite the recent pump, the bulk of the liquidity is still above the current price.
☝️A local correction is entirely possible. However, the worst-case scenario for market participants right now is another powerful upward surge that will continue to wipe out short positions.
🚀 Bitcoin at $71K: ETFs Attracted $700 Million — a Record in Months
Bitcoin broke through $71,000, and spot ETFs attracted $700 million over the past 24 hours—the largest inflow in a long time. This is a sign that institutional investors are back in the game.
What does this mean? Increased inflows into ETFs typically push the price higher. If the trend continues, we can expect new local highs. Keep an eye on trading volume—it will confirm the strength of the move.
Don’t miss the opportunity: such surges often present quick entry opportunities. But remember the risks—the market is volatile.