Aiden999

I took a look at this week’s BTC and ETH spot ETF inflow/outflow data and found that the numbers are really great.

For BTC spot ETFs, the net inflow for the week was $853.53 million. It has been a net inflow for five consecutive days, with a cumulative total inflow of $79.49 billion.

For spot ETFs of ETH, the net inflow for the week was $244.93 million. Net inflows occurred on four days, with a cumulative total inflow of $10.74 billion.

Many people are still waiting for the final dip. I don’t know whether it will happen, but what’s worth paying attention to is that institutional funds have continued to buy consistently. It’s unclear, though, whether these funds entering the market are mainly for long-term allocation or short-term arbitrage.

If it’s long-term allocation money, then I think the so-called “final dip” in the market may not fall as deeply as people imagine. At least, the current ETF fund flows don’t really support a particularly pessimistic outlook.

In the short term, I’m still slightly bullish. Going forward, it comes down to whether the fund inflows can continue to build.$BTC $ETH

Nowadays there are all kinds of ratings. I previously looked at the pricing and the target price was around 1700; today, Bank of America also said to maintain a target price of 2500 yuan. Who do you think we should trust?

And a lot of people are saying it’s at the top and they should go to leverage—like a bubble. My personal view is that for AI storage demand, there is still a lot of room for growth. Although SNKD has already risen many multiples, there is still some distance before true supply oversupply. There will definitely be volatility in the short term, but in the long run it’s still worth being bullish on. $SNDK.US

Many people believe that SNDK is currently a “good news is fully priced in” situation, and that the next phase will be deleveraging and a bubble-clearing period. But I believe that the orders and collaborations for these companies over the coming years are already locked in—especially the storage demand driven by AI infrastructure. Real, tangible orders and demand are still there.

I think the near-term decline is mainly due to short-term capital taking profits, and the market’s expectations and valuation simply being readjusted. The fundamentals have not deteriorated. Looking long term, I still remain optimistic about SNDK’s fundamentals. A short-term pullback is only an adjustment of expectations and valuation.

Personal opinion only; not investment advice

ETH is currently in a range-bound uptrend. Market forecasts show the probability of the CLARITY Act passing is only 14%, but the ETH/BTC ratio has remained at its 3-month high. Based on ETH’s price action, could it be that the actual probability of the CLARITY Act passing is higher than what the market is pricing in? It seems the end of the winter can’t be far off. $ETH

Yesterday, Trump Media, the listed company of Trump, transferred 2,628 BTC ($165 million) to the Crypto .com exchange. Today, MicroStrategy is also selling. Could it be that they have prepared capital, waiting for a violent shakeout, and then will come in to pick up shares/chips? Looks like something big is coming!!!

ETF

July 28: BTC spot ETF recorded net outflows of 49.7544 million yuan, marking the fourth consecutive day of net outflows from BTC spot ETFs.

Is this institutions reducing their positions, or short-term investors taking profits at higher levels?

Personally, I’m more inclined to think this may be a periodic reshuffling of positions—rather than simply an institutions’ selling. ETF fund outflows indicate some capital has exited, but it doesn’t directly equate to a bearish stance from institutions. There may also be factors such as arbitrage capital withdrawing and position adjustments.

Meanwhile, the ETH spot ETF saw net inflows of 9.3804 million yuan, with net inflows continuing for two consecutive days.

However, it’s worth noting that ETH/BTC is down 1.10% today. This suggests that although ETF-side inflows are ongoing, secondary-market capital has not yet formed a clear synchronized response.

Currently, while funds are allocating to ETF assets, the market remains relatively cautious in how it prices ETH versus BTC. For ETH to break out into a stronger trend, it will still need to see a concerted push from more capital inflows, ecosystem narratives, and an improved market risk appetite.

Going forward, continue to monitor ETF fund flows, the ETH/BTC trend, and the direction of capital rotation in the market.

Woke up and it already hit my take-profit level. Even though it didn’t reach the absolute high at 1966, it’s good enough. 😆

⚠️ NFA, do your own research

📊BTC Latest Liquidation Chart Observation

The liquidity in the consolidation range is already packed to the brim—it looks like there’s big meat on both sides.

🟢 Looking up (short squeeze): if the price pushes into the yellow dense zones around 6461～64802～65094, a large amount of short positions will get liquidated.

🔴 Looking down (long squeeze): if the price retraces into the yellow dense zones around 63478～63195, a large amount of long positions will get liquidated.

Right now the price is stuck in the middle. Where do you think the main force will go first this round—up or down?

🚨Big moves are coming for Bitcoin security!!!

BlackRock (i.e., “贝莱德”), Coinbase (exchange), Strategy (MicroStrategy), Fidelity (富达), ARK (Ark), and others—9 major institutions have formed the Bitcoin Security Consortium. Over the next 3 years, they plan to invest $15 million to support research into quantum attacks on Bitcoin and open-source development.

At present, quantum computing cannot break BTC, but roughly 6.9 million BTC in the future may face potential risks. This is not a protocol change—it’s like adding security insurance for Bitcoin.