Why is nobody talking about who is actually selling this rebound?
A green ETF headline is an easy way to buy back in without a plan. You treat one inflow day like an all-clear, then you're stuck deciding whether to exit after the week is already red.
Monday's $110M into US spot Bitcoin ETFs looks like a bounce. Set it against the $774M that left over the previous two sessions and it looks smaller. October ETF flows are still negative by about $202M, $BTC is near $80,120 and down 2.4% over seven days, and Fear and Greed has slipped to 48. Neutral is not the same thing as a trend change.
The sharper signal is who is moving coins. Retail $BTC deposits on Binance nearly doubled to $10.8B over 30 days, while large-holder deposits fell to $3.8B. Analysts are reading that as retail selling into rebounds, with bigger wallets not doing the same. If that holds, the idea that ETFs are back so the bottom is in is getting ahead of the actual flows.
Anyone else seeing retail supply the bounce while size stays quiet?
#Bitcoin #ETF #Crypto
A green ETF headline is an easy way to buy back in without a plan. You treat one inflow day like an all-clear, then you're stuck deciding whether to exit after the week is already red.
Monday's $110M into US spot Bitcoin ETFs looks like a bounce. Set it against the $774M that left over the previous two sessions and it looks smaller. October ETF flows are still negative by about $202M, $BTC is near $80,120 and down 2.4% over seven days, and Fear and Greed has slipped to 48. Neutral is not the same thing as a trend change.
The sharper signal is who is moving coins. Retail $BTC deposits on Binance nearly doubled to $10.8B over 30 days, while large-holder deposits fell to $3.8B. Analysts are reading that as retail selling into rebounds, with bigger wallets not doing the same. If that holds, the idea that ETFs are back so the bottom is in is getting ahead of the actual flows.
Anyone else seeing retail supply the bounce while size stays quiet?
#Bitcoin #ETF #Crypto
