Big news this weekend, brothers!



Bitcoin and Ethereum spot ETFs finally ended their streak of 8 straight weeks of outflows this week, with total net inflows of $281.8 million.

Does it feel like the bull is back? Don’t get too excited yet.

These $281.8 million sound pretty intimidating, but in reality it only recovered about 3% of the $9.46 billion that bled out over the previous 8 weeks.

Bitcoin ETFs recovered 2.4%, and Ethereum ETFs recovered 7%.

What’s even more painful is that the average cost for ETF holders is around $83,800, while “big cake” is only a little above $64,000 right now.

Then the dog-whale turns around and lands a single shot. Big cake $BTC

It goes straight from $64,497 down to $63,619, and Ethereum $ETH

Also crashes from $1,827 to $1,812. Both longs and shorts get wiped out. BlackRock just rushed money in, and then—turns around and gets poked with a shot right after. Who wrote this script?

Remember: when liquidity is low on the weekend, the dog-whale’s favorite game is surprise attacks. Don’t think you can just lie back and win because ETF money is flowing back—every stop-loss you should set can’t be missed.

Tell me in the comments: did this needle hit you? 👇$NES
#GateUS合规扩展佛罗里达
BTC0.60%
ETH2.58%
NES-6.94%
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