⚠️ $630 million drained in a single day! Institutions teamed up to smash the market—crash or washout?



Brothers, I woke up and was completely stunned. The US spot Bitcoin ETF alone saw $630 million move in one day. BlackRock, ARK, and Fidelity led the dumping—so the five-week streak of net inflows was straight-up cut off 😨

CPI is soaring to 3.8%, PPI is hitting 6%, and the market is starting to mutter: will the Fed not cut but instead hike? And with what’s going on around the Strait of Hormuz—if oil keeps spiking, that makes it even harder for crypto to catch its breath.

I’m watching one detail: Bitcoin’s negative correlation with the US Dollar Index is almost -0.9. Once the dollar lets up even a little, this BTC “spring” could snap back any moment.

Now look at the chart—$BTC tapped 79.5k and pinned there all day. The Bollinger Bands are tighter than your wallet. I really want to smash the computer 🤬 $ETH 2,260 swings back and forth, like a cheating boyfriend—hot and cold. Going all-in with high leverage is just handing money away; living is more important than anything!

My game plan is simple: set grid orders in batches around 75,000. If it breaks below 73,000, I stop out and wait for lower prices. Keep spot holdings under 50%—save the ammo.

How are you guys planning to trade now? Will $ETH break 2,300 first tonight or 2,200? Has the bear market really ended? In the comments, drop “long” or “short,” and talk about your positions and target prices 👇#Gate广场五月交易分享 #美国4月PPI同比暴涨6% $BTC ‌
BTC2.44%
ETH1.13%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned