BlackRock dumps $2.24 billion! But listed companies hold onto 167k BTC, who is lying?

ETF is selling off, listed companies are buying in — do you choose short-term panic or medium-to-long-term faith?

BTC current price 62,424, the market is turbulent, Wan Ge breaks down the data for you:

Supporting the bottom or luring longs?
Buy orders are dense near 62,435, the main force is holding on; but below 62,000, short liquidations are dense, once it breaks, a long squeeze is inevitable.

Institutions flee, listed companies buy crazily

BlackRock ETF has net outflows for 10 consecutive days, totaling 35,980 BTC ($2.24 billion) — institutions are fleeing.
But listed companies have net bought 166,984 BTC this year, more than twice the mining output in the same period — another group is frantically accumulating.
What about miners? Bitdeer has zero holdings for 19 consecutive weeks, selling as soon as they produce, dumping without mercy.

What does Wan Ge think?
ETF outflows are short-term sentiment, listed companies' buying is a medium-to-long-term chess game.
62,000 is the last defense line for longs; if it breaks, a liquidation wave follows; but listed companies' daily buy orders of 912 BTC are real supporting power.

Wan Ge's trading suggestions:

Long positions: Aggressive traders go light at current price, conservative ones wait for a pullback to 61,500-61,800.

Short positions: Consider only if rejected at 64,500-65,000.

ETF is selling, listed companies are buying — who do you trust?
Wan Ge trusts the net buying of 912 BTC per day, but always leaves room in positions.
Market divergence is opportunity, what do you think? Feel free to discuss.

#非农爆冷打压加息预期 #ETH突破1700 $BTC ‌