The $BTC and $ETH rebound looks significant when you separate the sources of buying.
Macro conditions improved as oil prices and Treasury yields declined, while short covering accelerated the upside.
Then came ETF demand, including approximately $999 million of Bitcoin inflows and $270 million for Ethereum on September 21. $ETH also cleared its September 11 high.
The next phase will show whether this momentum can develop into sustained spot-driven strength.
#Crypto #ETH #BTC #Trading #Macro Insights#
Macro conditions improved as oil prices and Treasury yields declined, while short covering accelerated the upside.
Then came ETF demand, including approximately $999 million of Bitcoin inflows and $270 million for Ethereum on September 21. $ETH also cleared its September 11 high.
The next phase will show whether this momentum can develop into sustained spot-driven strength.
#Crypto #ETH #BTC #Trading #Macro Insights#
