Morning market — BTC pressed the $87K zone (8-month high) and faded: $BTC at 85,582 (-0.24%), $ETH at 2,705 (-0.20%).

• BTC's 50/100/200-day moving averages are converging toward their first fully bullish alignment since 2025 — the 3-month recovery is still structurally intact.
• The ETF bid cooled hard: weekly spot inflow only 82.9M, a 96% slowdown from the prior week's multi-billion surge. $ETH ETFs bled 3 straight days (-2.8M, -59.6M, -55.4M).
• The SEC approved a 3x leveraged BTC futures ETF on Cboe BZX — fresh leverage ammo arriving right at the highs.

Today: Eurozone retail sales. Tomorrow: FOMC minutes (Sept 15–16) — could reprice October hike odds.

Kicker: a breakout attempt with ETF demand at a crawl means this run is being built by spot buyers, not flow-chasers. That's the healthy kind — but the fade says 87K needs real volume, not hype.

#Bitcoin #ETF

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Ringkasan pasar pagi — BTC menekan zona 87K (tertinggi ~8 bulan) lalu memudar: BTC di 85.582 (-0,24%), ETH di 2.705 (-0,20%).

• MA 50/100/200 hari BTC konvergen menuju susunan bullish penuh pertama sejak 2025 — struktur rebound 3 bulan masih utuh.
• Minat ETF mendingin tajam: inflow spot mingguan hanya 82,9M, anjlok 96% dari lonjakan multi-miliar pekan lalu. ETF ETH merah 3 hari beruntun (-2,8M, -59,6M, -55,4M).
• SEC menyetujui ETF futures BTC leverage 3x di Cboe BZX — amunisi leverage baru tepat di level tertinggi.

Hari ini: data retail sales Eurozone. Besok: risalah FOMC (15–16 Sept) — bisa mengubah ekspektasi suku bunga Oktober.

Kicker: upaya breakout dengan permintaan ETF yang lesu artinya rally ini dibangun pembeli spot, bukan pengejar arus. Itu jenis rally yang sehat — tapi penurunannya bilang 87K butuh volume nyata, bukan hype.

#Crypto #FOMC