⚠️ $BTC BOUNCED, BUT NEARLY $391M LEFT BTC & $ETH ETFs
That's the mixed signal traders need to Keep an eye on...
Bitcoin recovered above $82K after the drop below $80K but spot ETF outflows on October 14 tell a different story
• BTC ETFs: $261.46M out
• ETH ETFs: $129.51M out
The rebound shows buyers stepped in, but it doesn't prove the sell pressure is over
I'm watching $83K first, then $85K as the next key area mentioned by analysts. If BTC gets rejected, this bounce could fade. A clean reclaim and hold would strengthen the recovery case
The reported $929M liquidation wave also shows how violent this move has been. Don't confuse a short squeeze with confirmed spot demand
What's your read: real recovery or just a relief bounce? 🤔
#ETH #BTC #MARKET
That's the mixed signal traders need to Keep an eye on...
Bitcoin recovered above $82K after the drop below $80K but spot ETF outflows on October 14 tell a different story
• BTC ETFs: $261.46M out
• ETH ETFs: $129.51M out
The rebound shows buyers stepped in, but it doesn't prove the sell pressure is over
I'm watching $83K first, then $85K as the next key area mentioned by analysts. If BTC gets rejected, this bounce could fade. A clean reclaim and hold would strengthen the recovery case
The reported $929M liquidation wave also shows how violent this move has been. Don't confuse a short squeeze with confirmed spot demand
What's your read: real recovery or just a relief bounce? 🤔
#ETH #BTC #MARKET