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Bitcoin ETF|Continuing inflows—could this time be different?
Inflow for 5 straight days—this number alone is worth paying attention to.
Because ETF fund flows, to a certain extent, reflect the attitude of large capital right now.
A few weeks ago, the market was still worried that institutions would pull out—now it’s starting to see funds return to the Bitcoin market.
But I won’t only look at the words “inflows.”
More importantly, after funds flow in, can the price continue to hold steady?
If the funds keep increasing and the price gradually breaks through key resistance levels, then the market may be forming a new trend.
Conversely, if inflows keep failing to push the price up, it means there may still be very strong sell pressure in the market.
Data won’t directly tell you the answer, but it will tell you what’s happening in the market.
#GUSD年化升至3.8% $BTC