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Bitcoin BTC｜Has the market really started to turn stronger?
Bitcoin has reclaimed levels above $65,000.
More notably, the US spot BTC ETF has recorded inflows for the fifth consecutive trading day, and the ETF total funding for July has also turned back to net inflows.
But interestingly, the market fear index is still in “extreme fear.”
Prices are starting to rise, and capital is beginning to flow back in, but investors still don’t really dare to believe the trend.
I think this situation is worth watching.
The real big moves often don’t start when everyone is optimistic, but instead form gradually while the market is still full of doubt.
We still can’t say that the bull market is back.
But at least, the market is no longer as bearish as it was a few weeks ago.
#GUSD年化升至3.8% $BTC