What direction will BTC take next? BTC has now formed a double-bottom pattern and indeed reached 82,500. The previous pullback was to 82,800, forming a double-bottom pattern. From the intraday price action, BTC has been moving within the 82,471–85,288 range and has failed to break through decisively several times. If it cannot break above 85,288, it will be unable to continue rising. If it breaks through 85,288 with volume and holds above that level, this wave could still reach a high of 88,092–89,241. BTC hit 82,584 again early this morning and began rebounding. This short-term swing is still quite interesting. Let’s continue tonight and see whether it can break through. The price action over the next two days is crucial!$BTC ‌

🔥 What are we talking about today? Gate Square’s trending topics have been updated! 🔹$BTC Retreated to around $83,000, with over $500 million in liquidations over 24h! Is this a normal deleveraging washout, or will the short-term weakness continue? 🔹$ZEC Down over 12%, with whales selling 15k tokens in a single transaction! Strong-performing coins from earlier are starting to weaken—can the privacy sector continue its run? 🔹$ARM Down over 8%, with semiconductor stocks retreating across the board! Are AI’s high valuations starting to cool, or is this another opportunity to get in? 🔹Anthropic’s prospectus reveals that high growth comes with heavy losses! As AI giants enter the capital markets, how long can their valuation logic hold? Post with trending topics to receive traffic support and featured recommendations for quality content, and you can also participate in content mining rewards. 💰 The greater the market divergence, the more suitable it is to discuss your views: https://www.gate.com/post/topic

One Key BTC ETF Data Point Today The most noteworthy thing about today’s spot BTC ETF data is not how large the inflows were, but that ETF funds continued flowing in even as BTC prices weakened. On September 28, U.S. spot BTC ETFs recorded total net inflows of approximately $31 million, marking the eighth consecutive trading day of net inflows. The daily amount cooled significantly compared with previous days, but the flow direction remained positive, with BlackRock’s IBIT attracting approximately $54.8 million in a single day. (Pluang) What does this mean? Simply put, the pullback in BTC prices has not triggered large-scale ETF outflows at the same time. Funds are still continuing to allocate to BTC through spot ETFs, but the pace has begun to slow. Why is this change worth watching? Because ETFs saw very strong fund inflows over the previous week, with cumulative net inflows of approximately $2.4 billion from September 21 to 25, while the latest daily inflow has clearly shrunk. (Farside Investors) BTC is currently fluctuating around $83k. What will really be worth watching next is whether ETF inflows can continue and whether BTC prices show a new reaction as the flow of funds cools. If ETFs continue to see inflows while prices fail to improve significantly, the market may soon face a more noteworthy contradiction… #ETH理财享5%加息年化 #英伟达追加1500亿回购授权 $BTC