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The market is giving signals that shouldn't be misinterpreted!
After such strong inflows into ETFs… there are two clear scenarios for this week.
The first scenario (currently the strongest) is that smart money is still coming in… and this could push Bitcoin to continue its momentum and test higher levels.
If the inflows continue at the same pace, we might see a slight FOMO movement in the market. Ethereum is also likely to follow suit, especially if the inflows continue at this rate. This is where altcoins usually start to move in line. The second scenario (which we must consider) is that the market might take a “pause” after these inflows.
This means a sideways movement or a slight correction to accumulate liquidity before any new surge.
The market is currently “bullishing cautiously,” meaning the trend is upward… but not without surprises.
$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)